Short Interest in Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Grows By 48.5%

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 2,063 shares, a growth of 48.5% from the November 30th total of 1,389 shares. Based on an average daily volume of 8,344 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 8,344 shares, the days-to-cover ratio is presently 0.2 days.

Goldman Sachs ActiveBeta Europe Equity ETF Price Performance

Shares of Goldman Sachs ActiveBeta Europe Equity ETF stock traded down $0.15 during trading on Monday, hitting $45.67. 9,232 shares of the company’s stock traded hands, compared to its average volume of 15,054. The company has a market cap of $118.75 million, a PE ratio of 15.76 and a beta of 0.91. The firm’s fifty day moving average price is $44.33 and its 200 day moving average price is $43.34. Goldman Sachs ActiveBeta Europe Equity ETF has a twelve month low of $34.09 and a twelve month high of $46.07.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta Europe Equity ETF

A number of large investors have recently bought and sold shares of the business. Betterment LLC raised its position in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 8.5% during the first quarter. Betterment LLC now owns 2,061,069 shares of the company’s stock worth $79,392,000 after acquiring an additional 162,103 shares during the last quarter. Wealthfront Advisers LLC increased its position in Goldman Sachs ActiveBeta Europe Equity ETF by 69.1% in the second quarter. Wealthfront Advisers LLC now owns 13,456 shares of the company’s stock worth $570,000 after purchasing an additional 5,497 shares during the period. Western Wealth Management LLC bought a new stake in Goldman Sachs ActiveBeta Europe Equity ETF during the 2nd quarter worth about $202,000. Flow Traders U.S. LLC bought a new stake in Goldman Sachs ActiveBeta Europe Equity ETF during the 2nd quarter worth about $1,337,000. Finally, Jane Street Group LLC lifted its position in Goldman Sachs ActiveBeta Europe Equity ETF by 50.3% during the 2nd quarter. Jane Street Group LLC now owns 135,041 shares of the company’s stock valued at $5,717,000 after purchasing an additional 45,204 shares during the period.

Goldman Sachs ActiveBeta Europe Equity ETF Company Profile

The Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed Europe large- and mid-cap equities, with equal weights to each of four factor buckets and stocks within each bucket weighted by a factor score. GSEU was launched on Mar 2, 2016 and is managed by Goldman Sachs.