Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Large Decrease in Short Interest

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 2,699 shares, a decrease of 45.4% from the June 30th total of 4,946 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 337 shares, the short-interest ratio is currently 8.0 days.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Performance

NYSEARCA:GUSA traded down $0.98 during mid-day trading on Wednesday, hitting $63.11. 10 shares of the company’s stock traded hands, compared to its average volume of 848. The company has a market cap of $2.28 billion, a PE ratio of 25.67 and a beta of 1.01. The firm’s 50 day simple moving average is $64.48 and its 200 day simple moving average is $61.41. Goldman Sachs MarketBeta US 1000 Equity ETF has a 1 year low of $53.98 and a 1 year high of $65.66.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Goldman Sachs MarketBeta US 1000 Equity ETF stock. Fiduciary Advisors Inc. acquired a new position in shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,471 shares of the company’s stock, valued at approximately $87,000.

About Goldman Sachs MarketBeta US 1000 Equity ETF

The Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) is an exchange-traded fund that is based on the Solactive GBS United States 1000 index. The fund tracks an index of 1,000 US large-cap companies selected and weighted by market-cap. GUSA was launched on Apr 5, 2022 and is managed by Goldman Sachs.