Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Short Interest Update

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 7,990 shares, an increase of 122.2% from the April 30th total of 3,596 shares. Based on an average daily trading volume, of 7,725 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.3% of the shares of the company are sold short.

Goldman Sachs ActiveBeta Europe Equity ETF Price Performance

NYSEARCA GSEU traded up $0.05 on Friday, reaching $48.81. The stock had a trading volume of 6,329 shares, compared to its average volume of 13,509. The firm has a fifty day moving average of $47.17 and a two-hundred day moving average of $46.53. Goldman Sachs ActiveBeta Europe Equity ETF has a 1-year low of $40.90 and a 1-year high of $50.08. The company has a market cap of $117.14 million, a P/E ratio of 15.76 and a beta of 0.83.

Institutional Trading of Goldman Sachs ActiveBeta Europe Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Betterment LLC lifted its position in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 2.4% during the 3rd quarter. Betterment LLC now owns 1,986,093 shares of the company’s stock worth $86,713,000 after buying an additional 46,922 shares during the last quarter. LPL Financial LLC lifted its position in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 5.9% during the 4th quarter. LPL Financial LLC now owns 189,781 shares of the company’s stock worth $8,671,000 after buying an additional 10,517 shares during the last quarter. Jane Street Group LLC lifted its position in shares of 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 worth $5,717,000 after buying an additional 45,204 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the 3rd quarter worth $313,000. Finally, Legacy Advisors LLC bought a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the 3rd quarter worth $227,000.

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.