Short Interest in Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Expands By 104.7%

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 2,829 shares, a growth of 104.7% from the January 15th total of 1,382 shares. Based on an average trading volume of 13,640 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 13,640 shares, the days-to-cover ratio is currently 0.2 days.

Goldman Sachs ActiveBeta Europe Equity ETF Price Performance

Shares of NYSEARCA GSEU opened at $48.17 on Friday. Goldman Sachs ActiveBeta Europe Equity ETF has a 12-month low of $34.09 and a 12-month high of $49.04. The company has a market capitalization of $125.24 million, a PE ratio of 15.76 and a beta of 0.91. The firm’s 50-day moving average is $46.50 and its two-hundred day moving average is $44.45.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta Europe Equity ETF

A number of large investors have recently bought and sold shares of GSEU. Founders Financial Securities LLC acquired a new position in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the fourth quarter worth $209,000. Western Wealth Management LLC purchased a new position in Goldman Sachs ActiveBeta Europe Equity ETF in the 2nd quarter valued at about $202,000. Legacy Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the 3rd quarter worth about $227,000. Wealthfront Advisers LLC grew its holdings in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 69.1% during the second quarter. Wealthfront Advisers LLC now owns 13,456 shares of the company’s stock worth $570,000 after buying an additional 5,497 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the third quarter valued at approximately $313,000.

About Goldman Sachs ActiveBeta Europe Equity ETF

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.