Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Short Interest Up 258.1% in May

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 71,576 shares, an increase of 258.1% from the April 30th total of 19,989 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 25,864 shares, the days-to-cover ratio is currently 2.8 days.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Down 0.4%

GSSC traded down $0.32 during trading on Friday, reaching $86.30. The stock had a trading volume of 12,753 shares, compared to its average volume of 47,153. The stock’s 50 day moving average is $80.31 and its two-hundred day moving average is $78.31. The company has a market capitalization of $992.45 million, a price-to-earnings ratio of 15.78 and a beta of 1.06. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a one year low of $64.77 and a one year high of $86.74.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the company. LPL Financial LLC boosted its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 28.7% during the fourth quarter. LPL Financial LLC now owns 920,707 shares of the company’s stock valued at $69,633,000 after buying an additional 205,514 shares during the last quarter. Betterment LLC boosted its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.8% during the third quarter. Betterment LLC now owns 791,873 shares of the company’s stock valued at $59,303,000 after buying an additional 29,206 shares during the last quarter. American National Bank & Trust boosted its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 9.0% during the fourth quarter. American National Bank & Trust now owns 513,530 shares of the company’s stock valued at $38,838,000 after buying an additional 42,212 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 60.8% during the third quarter. Bank of America Corp DE now owns 509,254 shares of the company’s stock valued at $38,138,000 after buying an additional 192,578 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 10.0% during the third quarter. Envestnet Asset Management Inc. now owns 319,610 shares of the company’s stock valued at $23,936,000 after buying an additional 29,182 shares during the last quarter.

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

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.