Short Interest in Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) Rises By 607.0%

Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 1,916 shares, an increase of 607.0% from the March 31st total of 271 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 7,926 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Goldman Sachs ActiveBeta Japan Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wealthfront Advisers LLC bought a new stake in Goldman Sachs ActiveBeta Japan Equity ETF during the 3rd quarter valued at $209,000. Jane Street Group LLC increased its stake in Goldman Sachs ActiveBeta Japan Equity ETF by 56.1% during the 1st quarter. Jane Street Group LLC now owns 95,107 shares of the company’s stock valued at $3,661,000 after purchasing an additional 34,188 shares in the last quarter. Finally, Betterment LLC increased its stake in Goldman Sachs ActiveBeta Japan Equity ETF by 6.9% during the 3rd quarter. Betterment LLC now owns 1,061,442 shares of the company’s stock valued at $47,871,000 after purchasing an additional 68,292 shares in the last quarter.

Goldman Sachs ActiveBeta Japan Equity ETF Price Performance

Shares of NYSEARCA:GSJY traded up $0.06 during trading on Friday, reaching $49.82. 3,109 shares of the stock were exchanged, compared to its average volume of 9,301. Goldman Sachs ActiveBeta Japan Equity ETF has a 1-year low of $39.17 and a 1-year high of $54.30. The stock has a fifty day moving average of $50.27 and a two-hundred day moving average of $48.43. The firm has a market cap of $79.71 million, a price-to-earnings ratio of 14.30 and a beta of 0.64.

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.