Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) Short Interest Up 9,366.4% in January

Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 232,873 shares, an increase of 9,366.4% from the December 31st total of 2,460 shares. Currently, 14.6% of the company’s stock are short sold. Based on an average daily volume of 19,810 shares, the short-interest ratio is presently 11.8 days. Based on an average daily volume of 19,810 shares, the short-interest ratio is presently 11.8 days. Currently, 14.6% of the company’s stock are short sold.

Goldman Sachs ActiveBeta Japan Equity ETF Price Performance

Goldman Sachs ActiveBeta Japan Equity ETF stock opened at $49.48 on Wednesday. The stock has a market cap of $79.17 million, a PE ratio of 14.30 and a beta of 0.65. The stock’s fifty day moving average is $47.41 and its two-hundred day moving average is $45.61. Goldman Sachs ActiveBeta Japan Equity ETF has a 1-year low of $33.56 and a 1-year high of $49.70.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta Japan Equity ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wealthfront Advisers LLC purchased a new position in Goldman Sachs ActiveBeta Japan Equity ETF in the third quarter valued at approximately $209,000. Jane Street Group LLC grew its position in shares of Goldman Sachs ActiveBeta Japan Equity ETF by 56.1% in the 1st quarter. Jane Street Group LLC now owns 95,107 shares of the company’s stock valued at $3,661,000 after buying an additional 34,188 shares during the last quarter. Finally, Betterment LLC raised its stake in Goldman Sachs ActiveBeta Japan Equity ETF by 49.0% during the 2nd quarter. Betterment LLC now owns 993,150 shares of the company’s stock worth $41,702,000 after acquiring an additional 326,410 shares in the last quarter.

About Goldman Sachs ActiveBeta Japan Equity ETF

The Goldman Sachs ActiveBeta Japan Equity ETF (GSJY) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of Japanese large- and mid-cap equities, with equal weights to each of 4 factor buckets and stocks within each bucket weighted by a factor score. GSJY was launched on Mar 2, 2016 and is managed by Goldman Sachs.