Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Short Interest Down 66.7% in June

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 4,887 shares, a decrease of 66.7% from the June 15th total of 14,656 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 5,537 shares, the days-to-cover ratio is presently 0.9 days.

Goldman Sachs ActiveBeta Europe Equity ETF Stock Up 0.5%

Shares of Goldman Sachs ActiveBeta Europe Equity ETF stock traded up $0.23 on Wednesday, hitting $48.68. The stock had a trading volume of 3,830 shares, compared to its average volume of 11,831. Goldman Sachs ActiveBeta Europe Equity ETF has a one year low of $40.90 and a one year high of $50.08. The stock’s 50-day simple moving average is $48.50 and its two-hundred day simple moving average is $47.47. The stock has a market cap of $121.70 million, a price-to-earnings ratio of 15.76 and a beta of 0.83.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta Europe Equity ETF

A number of hedge funds have recently modified their holdings of the company. SHP Wealth Management bought a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the 4th quarter worth approximately $74,000. Wealthfront Advisers LLC increased its position in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 26.3% during the first quarter. Wealthfront Advisers LLC now owns 16,406 shares of the company’s stock valued at $742,000 after buying an additional 3,417 shares during the period. Founders Financial Securities LLC bought a new position in Goldman Sachs ActiveBeta Europe Equity ETF in the fourth quarter worth about $209,000. Legacy Advisors LLC bought a new position in Goldman Sachs ActiveBeta Europe Equity ETF in the third quarter worth about $227,000. Finally, Citadel Advisors LLC purchased a new stake in Goldman Sachs ActiveBeta Europe Equity ETF in the third quarter worth about $313,000.

About Goldman Sachs ActiveBeta Europe Equity ETF

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.