Short Interest in Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Increases By 104.7%

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 2,829 shares, a growth of 104.7% from the January 15th total of 1,382 shares. Based on an average daily volume of 13,640 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 13,640 shares, the short-interest ratio is presently 0.2 days.

Goldman Sachs ActiveBeta Europe Equity ETF Stock Performance

Shares of NYSEARCA:GSEU opened at $48.21 on Friday. The business’s fifty day moving average price is $46.57 and its two-hundred day moving average price is $44.51. The stock has a market cap of $125.35 million, a PE ratio of 15.76 and a beta of 0.91. Goldman Sachs ActiveBeta Europe Equity ETF has a one year low of $34.09 and a one year high of $49.04.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in GSEU. LPL Financial LLC boosted its stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 5.9% during the 4th quarter. LPL Financial LLC now owns 189,781 shares of the company’s stock worth $8,671,000 after purchasing an additional 10,517 shares during the last quarter. Founders Financial Securities LLC purchased a new position in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the fourth quarter valued at approximately $209,000. Citadel Advisors LLC acquired a new stake in Goldman Sachs ActiveBeta Europe Equity ETF during the third quarter worth approximately $313,000. Legacy Advisors LLC purchased a new stake in Goldman Sachs ActiveBeta Europe Equity ETF in the 3rd quarter worth approximately $227,000. Finally, Betterment LLC raised its holdings in Goldman Sachs ActiveBeta Europe Equity ETF by 2.4% in the 3rd quarter. Betterment LLC now owns 1,986,093 shares of the company’s stock valued at $86,713,000 after acquiring an additional 46,922 shares during the last quarter.

Goldman Sachs ActiveBeta Europe Equity ETF Company Profile

The Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed Europe large- and mid-cap equities, with equal weights to each of four factor buckets and stocks within each bucket weighted by a factor score. GSEU was launched on Mar 2, 2016 and is managed by Goldman Sachs.