Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Sees Significant Decrease in Short Interest

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 33,824 shares, a decrease of 52.7% from the May 14th total of 71,576 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 25,020 shares, the short-interest ratio is presently 1.4 days.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several large investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC lifted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.2% during the first quarter. Integrated Wealth Concepts LLC now owns 3,663 shares of the company’s stock worth $232,000 after buying an additional 213 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.2% in the 4th quarter. NewEdge Advisors LLC now owns 7,552 shares of the company’s stock worth $571,000 after purchasing an additional 234 shares during the period. Aire Advisors LLC raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 4.9% in the 1st quarter. Aire Advisors LLC now owns 5,246 shares of the company’s stock worth $391,000 after purchasing an additional 246 shares during the period. Syntegra Private Wealth Group LLC raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1.8% in the 4th quarter. Syntegra Private Wealth Group LLC now owns 17,411 shares of the company’s stock worth $1,317,000 after purchasing an additional 307 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 850.0% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 399 shares of the company’s stock worth $30,000 after purchasing an additional 357 shares during the period.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Up 0.2%

Shares of NYSEARCA:GSSC traded up $0.22 on Monday, hitting $88.43. The company had a trading volume of 37,407 shares, compared to its average volume of 45,611. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 52-week low of $65.94 and a 52-week high of $89.47. The business has a 50 day moving average of $83.21 and a 200 day moving average of $79.47. The company has a market cap of $1.02 billion, a PE ratio of 15.78 and a beta of 1.05.

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.