Short Interest in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Decreases By 92.3%

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 2,798 shares, a drop of 92.3% from the March 31st total of 36,327 shares. Based on an average trading volume of 30,731 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Price Performance

Shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF stock traded up $0.48 during midday trading on Friday, reaching $82.80. The company had a trading volume of 23,169 shares, compared to its average volume of 51,986. The stock has a fifty day moving average price of $77.56 and a 200 day moving average price of $76.87. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a fifty-two week low of $60.53 and a fifty-two week high of $83.69. The firm has a market cap of $952.20 million, a PE ratio of 15.78 and a beta of 1.04.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the first quarter worth $254,000. CENTRAL TRUST Co raised its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 9.5% during the first quarter. CENTRAL TRUST Co now owns 38,484 shares of the company’s stock worth $2,869,000 after buying an additional 3,336 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1,866.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 72,915 shares of the company’s stock valued at $5,515,000 after buying an additional 69,207 shares during the period. NewEdge Advisors LLC lifted its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.2% in the fourth quarter. NewEdge Advisors LLC now owns 7,552 shares of the company’s stock valued at $571,000 after buying an additional 234 shares during the period. Finally, Cetera Investment Advisers boosted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 9.5% during the fourth quarter. Cetera Investment Advisers now owns 135,372 shares of the company’s stock valued at $10,238,000 after acquiring an additional 11,737 shares during the last quarter.

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.