Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) Sees Large Increase in Short Interest

Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,109 shares, an increase of 79.2% from the September 30th total of 1,177 shares. Based on an average daily volume of 3,160 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.1% of the company’s stock are short sold.

Goldman Sachs ActiveBeta Japan Equity ETF Stock Down 2.1%

GSJY traded down $1.12 during trading on Friday, hitting $53.28. 12,778 shares of the company’s stock were exchanged, compared to its average volume of 7,675. The business’s 50 day moving average is $55.29 and its two-hundred day moving average is $52.39. Goldman Sachs ActiveBeta Japan Equity ETF has a fifty-two week low of $44.76 and a fifty-two week high of $57.19. The stock has a market cap of $95.90 million, a P/E ratio of 14.30 and a beta of 0.67.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta Japan Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Japan Equity ETF in the 2nd quarter worth about $145,000. Citadel Advisors LLC bought a new stake in Goldman Sachs ActiveBeta Japan Equity ETF during the 2nd quarter worth approximately $1,542,000. Finally, Wealthfront Advisers LLC increased its holdings in Goldman Sachs ActiveBeta Japan Equity ETF by 5.0% during the 1st quarter. Wealthfront Advisers LLC now owns 5,397 shares of the company’s stock worth $263,000 after purchasing an additional 258 shares in the last quarter.

Goldman Sachs ActiveBeta Japan Equity ETF Company Profile

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.