Short Interest in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Declines By 45.8%

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 32,100 shares, a drop of 45.8% from the August 31st total of 59,200 shares. Based on an average daily volume of 34,500 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 34,500 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Trading of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Private Trust Co. NA boosted its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 49.8% in the 2nd quarter. Private Trust Co. NA now owns 599 shares of the company’s stock valued at $41,000 after purchasing an additional 199 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.2% in 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 in the last quarter. NewEdge Advisors LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 5.0% during the first quarter. NewEdge Advisors LLC now owns 6,374 shares of the company’s stock valued at $404,000 after buying an additional 306 shares during the period. Fifth Third Securities Inc. boosted its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 4.4% during the first quarter. Fifth Third Securities Inc. now owns 9,432 shares of the company’s stock valued at $598,000 after buying an additional 396 shares during the period. Finally, CreativeOne Wealth LLC grew its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 2.8% during the first quarter. CreativeOne Wealth LLC now owns 14,761 shares of the company’s stock worth $936,000 after buying an additional 402 shares in the last quarter.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Up 0.6%

Shares of GSSC opened at $75.59 on Monday. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a twelve month low of $54.91 and a twelve month high of $77.21. The stock has a market cap of $695.43 million, a PE ratio of 15.78 and a beta of 0.98. The business’s 50-day moving average price is $73.13 and its 200-day moving average price is $67.88.

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.