Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) Sees Significant Growth in Short Interest
by Amy Steele · The Cerbat GemGoldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC – Get Free Report) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 2,078 shares, an increase of 31.9% from the November 30th total of 1,576 shares. Based on an average daily volume of 6,581 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 6,581 shares, the days-to-cover ratio is presently 0.3 days.
Goldman Sachs Small Cap Core Equity ETF Trading Down 1.1%
Shares of NYSEARCA GSC traded down $0.63 during mid-day trading on Thursday, reaching $54.36. The company had a trading volume of 12,082 shares, compared to its average volume of 14,640. The stock has a market cap of $146.77 million, a price-to-earnings ratio of 22.22 and a beta of 1.26. Goldman Sachs Small Cap Core Equity ETF has a 52 week low of $40.49 and a 52 week high of $56.61. The business’s 50-day moving average is $54.01 and its 200-day moving average is $52.76.
Institutional Trading of Goldman Sachs Small Cap Core Equity ETF
Several institutional investors and hedge funds have recently modified their holdings of GSC. American Capital Advisory LLC grew its stake in Goldman Sachs Small Cap Core Equity ETF by 4.8% in the second quarter. American Capital Advisory LLC now owns 9,271 shares of the company’s stock worth $468,000 after purchasing an additional 428 shares in the last quarter. Oak Harbor Wealth Partners LLC grew 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 worth $1,104,000 after buying an additional 636 shares in the last quarter. Jane Street Group LLC grew its position in shares of Goldman Sachs Small Cap Core Equity ETF by 9.3% during the 2nd quarter. Jane Street Group LLC now owns 8,282 shares of the company’s stock worth $418,000 after buying an additional 703 shares in the last quarter. Sowell Financial Services LLC increased its stake in shares of Goldman Sachs Small Cap Core Equity ETF by 32.7% during the third quarter. Sowell Financial Services LLC now owns 7,475 shares of the company’s stock valued at $398,000 after buying an additional 1,841 shares during the period. Finally, Bank of America Corp DE bought a new stake in shares of Goldman Sachs Small Cap Core Equity ETF in the second quarter valued at about $113,000.
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.