Short Interest in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Drops By 23.7%

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 110,894 shares, a decline of 23.7% from the December 15th total of 145,361 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 189,170 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 189,170 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the company’s stock are short sold.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Performance

NYSEARCA GSLC traded down $0.25 during trading on Monday, hitting $133.82. The stock had a trading volume of 202,468 shares, compared to its average volume of 328,270. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12 month low of $94.88 and a 12 month high of $134.87. The company has a market capitalization of $15.14 billion, a PE ratio of 24.08 and a beta of 0.99. The company’s 50-day moving average price is $132.18 and its two-hundred day moving average price is $129.03.

Institutional Trading of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Transce3nd LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the second quarter valued at about $26,000. IMA Advisory Services Inc. bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the second quarter valued at approximately $27,000. Compass Financial Services Inc acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 2nd quarter valued at approximately $32,000. Kilter Group LLC bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 2nd quarter worth approximately $33,000. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 2nd quarter worth approximately $34,000.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Company Profile

The Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks comprising 4 sub-indexes: value, momentum, quality, and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.