Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Shares Shorted: Short Interest Down 82.5% in October

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 399 shares, a decrease of 82.5% from the September 30th total of 2,283 shares. Based on an average daily trading volume, of 1,994 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

A hedge fund recently bought a new stake in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF stock. Sowell Financial Services LLC bought a new position in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 131,014 shares of the company’s stock, valued at approximately $8,351,000. Sowell Financial Services LLC owned approximately 1.96% of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF as of its most recent filing with the Securities and Exchange Commission.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Price Performance

NYSEARCA:GVUS traded up $0.54 during mid-day trading on Thursday, reaching $66.92. The company’s stock had a trading volume of 226 shares, compared to its average volume of 12,700. The stock has a market cap of $448.36 million, a P/E ratio of 19.27 and a beta of 0.75. The company’s fifty day simple moving average is $65.41 and its two-hundred day simple moving average is $61.05. Goldman Sachs MarketBeta Russell 1000 Value Equity ETF has a twelve month low of $51.37 and a twelve month high of $66.92.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Company Profile

The Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest value characteristics based on Russells style methodology. GVUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.