Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) Sees Significant Increase in Short Interest

Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 19 shares, an increase of 375.0% from the June 15th total of 4 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 8,746 shares, the short-interest ratio is currently 0.0 days.

Goldman Sachs Future Health Care Equity ETF Trading Down 0.4%

Shares of GDOC traded down $0.14 during midday trading on Monday, hitting $36.16. 29 shares of the company’s stock traded hands, compared to its average volume of 2,309. The stock has a market capitalization of $18.08 million, a price-to-earnings ratio of 28.36 and a beta of 0.75. Goldman Sachs Future Health Care Equity ETF has a 1 year low of $30.56 and a 1 year high of $37.33. The firm’s fifty day moving average is $33.75 and its 200-day moving average is $34.00.

Institutional Investors Weigh In On Goldman Sachs Future Health Care Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. J. Mark Nickell & Co. purchased a new stake in shares of Goldman Sachs Future Health Care Equity ETF during the fourth quarter worth about $254,000. Susquehanna International Group LLP purchased a new position in shares of Goldman Sachs Future Health Care Equity ETF in the third quarter worth $348,000. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Goldman Sachs Future Health Care Equity ETF by 6.5% during the first quarter. Goldman Sachs Group Inc. now owns 350,223 shares of the company’s stock worth $11,285,000 after buying an additional 21,319 shares during the period.

About Goldman Sachs Future Health Care Equity ETF

The Goldman Sachs Future Health Care Equity ETF (GDOC) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed to provide exposure to equities of companies that are driving innovation in healthcare globally. GDOC was launched on Nov 9, 2021 and is managed by Goldman Sachs.