Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) Sees Significant Decline in Short Interest

Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 4 shares, a decrease of 97.3% from the May 31st total of 147 shares. Based on an average daily volume of 574 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of Goldman Sachs Future Health Care Equity ETF

Hedge funds have recently bought and sold shares of the business. J. Mark Nickell & Co. bought a new position in shares of Goldman Sachs Future Health Care Equity ETF in the fourth quarter valued at approximately $254,000. Susquehanna International Group LLP purchased a new position in Goldman Sachs Future Health Care Equity ETF in the third quarter valued at approximately $348,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of Goldman Sachs Future Health Care Equity ETF by 6.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 350,223 shares of the company’s stock worth $11,285,000 after acquiring an additional 21,319 shares during the period.

Goldman Sachs Future Health Care Equity ETF Stock Performance

Shares of GDOC stock remained flat at $35.23 during mid-day trading on Friday. The stock had a trading volume of 183 shares, compared to its average volume of 2,496. Goldman Sachs Future Health Care Equity ETF has a 1 year low of $30.56 and a 1 year high of $37.33. The stock’s 50 day simple moving average is $32.89 and its two-hundred day simple moving average is $33.94. The company has a market cap of $24.66 million, a P/E ratio of 28.36 and a beta of 0.76.

Goldman Sachs Future Health Care Equity ETF Company Profile

The Goldman Sachs Future Health Care Equity ETF (GDOC) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed to provide exposure to equities of companies that are driving innovation in healthcare globally. GDOC was launched on Nov 9, 2021 and is managed by Goldman Sachs.