Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) Short Interest Down 74.5% in May
by Renee Jackson · The Cerbat GemGoldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC – Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,499 shares, a drop of 74.5% from the April 30th total of 17,668 shares. Based on an average daily trading volume, of 11,201 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.
Goldman Sachs Small Cap Core Equity ETF Trading Down 0.6%
GSC stock traded down $0.37 during mid-day trading on Friday, hitting $62.06. The stock had a trading volume of 72,924 shares, compared to its average volume of 21,410. Goldman Sachs Small Cap Core Equity ETF has a 52 week low of $47.85 and a 52 week high of $63.30. The firm has a market capitalization of $248.24 million, a P/E ratio of 22.22 and a beta of 1.16. The firm has a fifty day simple moving average of $58.73 and a 200 day simple moving average of $57.15.
Institutional Investors Weigh In On Goldman Sachs Small Cap Core Equity ETF
Hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new position in shares of Goldman Sachs Small Cap Core Equity ETF in the 1st quarter worth approximately $353,000. Bank of America Corp DE acquired a new position in shares of Goldman Sachs Small Cap Core Equity ETF in the 2nd quarter worth approximately $113,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of Goldman Sachs Small Cap Core Equity ETF by 86.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 15,647 shares of the company’s stock worth $829,000 after purchasing an additional 7,261 shares during the period. Oak Harbor Wealth Partners LLC lifted its position in shares of Goldman Sachs Small Cap Core Equity ETF by 3.2% during the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 20,713 shares of the company’s stock valued at $1,104,000 after acquiring an additional 636 shares during the period. Finally, GGM Financials LLC lifted its position in shares of Goldman Sachs Small Cap Core Equity ETF by 40.8% during the 3rd quarter. GGM Financials LLC now owns 18,585 shares of the company’s stock valued at $990,000 after acquiring an additional 5,383 shares during the period.
Goldman Sachs Small Cap Core Equity ETF Company Profile
The Goldman Sachs Small Cap Core Equity ETF (GSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed ETF that invests in small-cap companies. The fund tilts towards US companies but may still invest in securities from other countries, including emerging markets. GSC was launched on Oct 3, 2023 and is issued by Goldman Sachs.
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