Short Interest in Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Declines By 37.9%

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) was the target of a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 6,400 shares, a decline of 37.9% from the May 15th total of 10,300 shares. Based on an average daily volume of 25,400 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta Europe Equity ETF

A number of large investors have recently made changes to their positions in the company. Wealthfront Advisers LLC purchased a new position in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the first quarter worth approximately $307,000. LPL Financial LLC increased its stake in Goldman Sachs ActiveBeta Europe Equity ETF by 23.4% in the 1st quarter. LPL Financial LLC now owns 75,959 shares of the company’s stock worth $2,926,000 after acquiring an additional 14,380 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 151.2% during the 4th quarter. Jane Street Group LLC now owns 150,000 shares of the company’s stock worth $5,199,000 after acquiring an additional 90,275 shares in the last quarter. Finally, Betterment LLC grew its holdings in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 95.6% in the fourth quarter. Betterment LLC now owns 1,898,966 shares of the company’s stock valued at $65,818,000 after purchasing an additional 928,178 shares in the last quarter.

Goldman Sachs ActiveBeta Europe Equity ETF Price Performance

Goldman Sachs ActiveBeta Europe Equity ETF stock traded up $0.38 during mid-day trading on Monday, reaching $42.77. 14,808 shares of the stock traded hands, compared to its average volume of 24,984. Goldman Sachs ActiveBeta Europe Equity ETF has a 12-month low of $34.09 and a 12-month high of $43.41. The business’s 50-day moving average is $40.66 and its 200-day moving average is $38.23. The stock has a market capitalization of $109.06 million, a PE ratio of 15.61 and a beta of 0.91.

Goldman Sachs ActiveBeta Europe Equity ETF Company Profile

The Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed Europe large- and mid-cap equities, with equal weights to each of four factor buckets and stocks within each bucket weighted by a factor score.