Short Interest in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Increases By 164.7%

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 159,258 shares, a growth of 164.7% from the January 29th total of 60,167 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 244,059 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 244,059 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the shares of the company are short sold.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Performance

NYSEARCA:GSLC opened at $133.01 on Friday. The firm’s 50-day moving average is $133.12 and its 200-day moving average is $130.83. The company has a market cap of $14.76 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 52-week low of $94.88 and a 52-week high of $134.87.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Several large investors have recently added to or reduced their stakes in the company. Transce3nd LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 2nd quarter worth approximately $26,000. Quest 10 Wealth Builders Inc. acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter valued at $26,000. IMA Advisory Services Inc. bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the second quarter worth $27,000. EPG Wealth Management LLC bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter worth $27,000. Finally, Tsfg LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% during the fourth quarter. Tsfg LLC now owns 204 shares of the company’s stock worth $27,000 after buying an additional 108 shares in the last quarter.

About Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

The Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks comprising 4 sub-indexes: value, momentum, quality, and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.