Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Sees Large Increase in Short Interest

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) was the recipient of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 49,300 shares, a growth of 181.7% from the May 15th total of 17,500 shares. Based on an average daily trading volume, of 40,500 shares, the short-interest ratio is currently 1.2 days. Currently, 0.6% of the company’s stock are short sold.

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

A number of hedge funds have recently made changes to their positions in GSSC. Morris Financial Concepts Inc. grew its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 19.5% during the fourth quarter. Morris Financial Concepts Inc. now owns 4,653 shares of the company’s stock valued at $322,000 after purchasing an additional 760 shares in the last quarter. Principal Securities Inc. boosted its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 4.1% during the 4th quarter. Principal Securities Inc. now owns 80,409 shares of the company’s stock valued at $5,559,000 after buying an additional 3,169 shares during the period. Global Retirement Partners LLC grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 9.3% during the 4th quarter. Global Retirement Partners LLC now owns 10,553 shares of the company’s stock valued at $730,000 after acquiring an additional 899 shares in the last quarter. Private Advisor Group LLC increased its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1.7% in the fourth quarter. Private Advisor Group LLC now owns 24,339 shares of the company’s stock worth $1,683,000 after acquiring an additional 402 shares during the last quarter. Finally, Freedom Day Solutions LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the fourth quarter worth $346,000.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Down 2.1%

Shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF stock opened at $66.00 on Friday. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 1 year low of $54.91 and a 1 year high of $77.00. The company has a market cap of $531.30 million, a P/E ratio of 15.24 and a beta of 1.05. The stock has a 50-day moving average price of $63.42 and a 200 day moving average price of $66.94.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Company Profile

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.