Short Interest in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Grows By 20.0%

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 37,577 shares, a growth of 20.0% from the December 15th total of 31,316 shares. Based on an average daily volume of 23,062 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 23,062 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 850.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 399 shares of the company’s stock worth $30,000 after buying an additional 357 shares during the last quarter. Private Trust Co. NA increased its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 49.8% during the second quarter. Private Trust Co. NA now owns 599 shares of the company’s stock valued at $41,000 after buying an additional 199 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the second quarter valued at approximately $45,000. Worth Financial Advisory Group LLC bought a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the third quarter worth approximately $201,000. Finally, Kovack Advisors Inc. purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 2nd quarter worth $206,000.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Down 0.3%

Shares of GSSC traded down $0.26 during mid-day trading on Monday, reaching $80.05. 24,611 shares of the stock traded hands, compared to its average volume of 37,837. The company has a market cap of $776.49 million, a price-to-earnings ratio of 15.78 and a beta of 1.06. The firm has a fifty day moving average price of $76.11 and a 200 day moving average price of $74.09. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 1 year low of $54.91 and a 1 year high of $80.70.

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.