Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Sees Significant Decrease in Short Interest

by · The Cerbat Gem

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 7,281 shares, a decline of 74.8% from the August 15th total of 28,886 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 92,479 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Goldman Sachs MarketBeta U.S. Equity ETF

A number of institutional investors have recently modified their holdings of the company. Qube Research & Technologies Ltd acquired a new stake in Goldman Sachs MarketBeta U.S. Equity ETF during the 2nd quarter worth about $42,000. O Shaughnessy Asset Management LLC raised its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 156.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 796 shares of the company’s stock worth $75,000 after buying an additional 486 shares during the period. Fifth Third Bancorp bought a new position in Goldman Sachs MarketBeta U.S. Equity ETF in the first quarter worth approximately $120,000. Gateway Wealth Partners LLC bought a new position in Goldman Sachs MarketBeta U.S. Equity ETF in the first quarter worth approximately $219,000. Finally, GeoWealth Management LLC grew its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 27.4% in the third quarter. GeoWealth Management LLC now owns 3,006 shares of the company’s stock valued at $278,000 after acquiring an additional 646 shares during the period.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

Shares of GSUS stock opened at $105.72 on Friday. The business’s 50 day simple moving average is $104.88 and its 200 day simple moving average is $100.28. Goldman Sachs MarketBeta U.S. Equity ETF has a one year low of $86.68 and a one year high of $107.67. The stock has a market capitalization of $3.23 billion, a PE ratio of 26.28 and a beta of 1.02.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

(Get Free Report)

The Goldman Sachs MarketBeta US Equity ETF (GSUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market capitalization. GSUS was launched on May 12, 2020 and is managed by Goldman Sachs.

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