Short Interest in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Expands By 614.4%

by · The Cerbat Gem

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC – Get Free Report) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 19,989 shares, an increase of 614.4% from the April 15th total of 2,798 shares. Based on an average daily trading volume, of 41,721 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the shares of the stock are short sold.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Down 1.0%

GSSC stock traded down $0.83 during mid-day trading on Tuesday, hitting $83.78. The stock had a trading volume of 31,980 shares, compared to its average volume of 50,093. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 52 week low of $64.03 and a 52 week high of $85.36. The firm has a market capitalization of $963.47 million, a P/E ratio of 15.78 and a beta of 1.06. The firm has a fifty day simple moving average of $78.34 and a 200 day simple moving average of $77.47.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in GSSC. Integrated Wealth Concepts LLC grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,663 shares of the company’s stock valued at $232,000 after purchasing an additional 213 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 5.0% during the 1st quarter. NewEdge Advisors LLC now owns 6,374 shares of the company’s stock worth $404,000 after acquiring an additional 306 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 12.0% during the 2nd quarter. Raymond James Financial Inc. now owns 231,414 shares of the company’s stock worth $15,877,000 after acquiring an additional 24,834 shares during the last quarter. MGO One Seven LLC bought a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 3rd quarter worth approximately $213,000. Finally, Janney Capital Management LLC bought a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 3rd quarter worth approximately $212,000.

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

(Get Free Report)

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.

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