Short Interest in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Grows By 98.2%

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 21,876 shares, an increase of 98.2% from the February 12th total of 11,037 shares. Based on an average daily trading volume, of 36,813 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 36,813 shares, the days-to-cover ratio is currently 0.6 days.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GSSC. Integrated Wealth Concepts LLC increased its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 3,663 shares of the company’s stock worth $232,000 after acquiring an additional 213 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 5.0% in the first quarter. NewEdge Advisors LLC now owns 6,374 shares of the company’s stock valued at $404,000 after purchasing an additional 306 shares in the last quarter. Cetera Investment Advisers increased its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.8% during the 2nd quarter. Cetera Investment Advisers now owns 121,886 shares of the company’s stock worth $8,363,000 after buying an additional 4,445 shares during the period. Bell Investment Advisors Inc boosted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 11.1% in the 2nd quarter. Bell Investment Advisors Inc now owns 96,836 shares of the company’s stock valued at $6,644,000 after buying an additional 9,691 shares during the period. Finally, Betterment LLC boosted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 28.0% in the 2nd quarter. Betterment LLC now owns 762,667 shares of the company’s stock valued at $52,327,000 after buying an additional 166,695 shares during the period.

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

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF stock traded down $1.47 during midday trading on Thursday, hitting $74.24. 97,926 shares of the company were exchanged, compared to its average volume of 65,713. The business has a fifty day simple moving average of $78.81 and a two-hundred day simple moving average of $76.37. The firm has a market capitalization of $727.55 million, a PE ratio of 15.78 and a beta of 1.06. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a fifty-two week low of $54.91 and a fifty-two week high of $81.91.

About Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

The Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (GSSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks. The index equally weights four factor-based sub-indices: value, momentum, quality, and low volatility. GSSC was launched on Jun 28, 2017 and is managed by Goldman Sachs.