Short Interest in Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) Grows By 322.4%

Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) saw a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 20,700 shares, a growth of 322.4% from the May 15th total of 4,900 shares. Based on an average daily trading volume, of 18,500 shares, the short-interest ratio is presently 1.1 days. Currently, 1.7% of the shares of the stock are short sold.

Institutional Trading of Goldman Sachs ActiveBeta Japan Equity ETF

An institutional investor recently raised its position in Goldman Sachs ActiveBeta Japan Equity ETF stock. Betterment LLC boosted its stake in Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) by 144.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 642,521 shares of the company’s stock after purchasing an additional 379,179 shares during the quarter. Betterment LLC owned about 107.09% of Goldman Sachs ActiveBeta Japan Equity ETF worth $24,210,000 as of its most recent SEC filing.

Goldman Sachs ActiveBeta Japan Equity ETF Stock Down 0.9%

Shares of GSJY stock opened at $41.14 on Friday. The stock has a market cap of $49.37 million, a P/E ratio of 13.04 and a beta of 0.63. Goldman Sachs ActiveBeta Japan Equity ETF has a 52 week low of $33.56 and a 52 week high of $41.99. The company’s fifty day simple moving average is $39.82 and its two-hundred day simple moving average is $38.81.

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.