Goldman Sachs JUST U.S. Large Cap Equity ETF (NYSEARCA:JUST) Sees Large Growth in Short Interest

Goldman Sachs JUST U.S. Large Cap Equity ETF (NYSEARCA:JUST) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 13,886 shares, an increase of 144.4% from the January 15th total of 5,681 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 6,488 shares, the days-to-cover ratio is currently 2.1 days. Based on an average trading volume of 6,488 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.3% of the shares of the company are sold short.

Goldman Sachs JUST U.S. Large Cap Equity ETF Price Performance

Goldman Sachs JUST U.S. Large Cap Equity ETF stock traded down $0.02 during mid-day trading on Friday, reaching $96.62. 4,282 shares of the company were exchanged, compared to its average volume of 5,593. The firm has a market cap of $502.42 million, a PE ratio of 24.96 and a beta of 1.00. Goldman Sachs JUST U.S. Large Cap Equity ETF has a 12 month low of $68.41 and a 12 month high of $99.04. The company has a fifty day simple moving average of $97.41 and a 200-day simple moving average of $94.83.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. grew its position in shares of Goldman Sachs JUST U.S. Large Cap Equity ETF by 3.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 732,191 shares of the company’s stock worth $58,224,000 after buying an additional 24,907 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Goldman Sachs JUST U.S. Large Cap Equity ETF by 1,361.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 367,953 shares of the company’s stock worth $35,580,000 after buying an additional 342,778 shares during the last quarter. SBE LLC DBA Cedar Cove Wealth Partners purchased a new stake in Goldman Sachs JUST U.S. Large Cap Equity ETF during the fourth quarter valued at approximately $35,285,000. Ballentine Partners LLC raised its position in shares of Goldman Sachs JUST U.S. Large Cap Equity ETF by 2.6% during the 3rd quarter. Ballentine Partners LLC now owns 260,010 shares of the company’s stock valued at $24,389,000 after purchasing an additional 6,529 shares during the period. Finally, Betterment LLC boosted its stake in shares of Goldman Sachs JUST U.S. Large Cap Equity ETF by 2.5% in the fourth quarter. Betterment LLC now owns 252,278 shares of the company’s stock worth $24,395,000 after acquiring an additional 6,138 shares during the period.

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

The Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST) is an exchange-traded fund that is based on the JUST US Large Cap Diversified index. The fund tracks a tier-weighted index of US-listed large-cap stocks selected based on a survey-based assessment of business behavior. JUST was launched on Jun 7, 2018 and is managed by Goldman Sachs.