Short Interest in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Grows By 298.9%

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 62,394 shares, a growth of 298.9% from the June 30th total of 15,641 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 36,358 shares, the short-interest ratio is currently 1.7 days.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Up 0.8%

NYSEARCA GSSC traded up $0.75 on Monday, reaching $89.58. The stock had a trading volume of 22,382 shares, compared to its average volume of 43,551. The stock has a fifty day moving average price of $87.99 and a two-hundred day moving average price of $82.17. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 12-month low of $66.81 and a 12-month high of $92.00. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 15.78 and a beta of 1.04.

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

Several institutional investors and hedge funds have recently modified their holdings of GSSC. American National Bank & Trust grew its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 9.0% in the 4th quarter. American National Bank & Trust now owns 513,530 shares of the company’s stock valued at $38,838,000 after acquiring an additional 42,212 shares in the last quarter. Stephens Inc. AR lifted its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 114.0% during the fourth quarter. Stephens Inc. AR now owns 60,563 shares of the company’s stock worth $4,580,000 after purchasing an additional 32,269 shares in the last quarter. Vise Technologies Inc. purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the fourth quarter valued at approximately $1,278,000. Northwest Wealth Advisors LLC purchased a new position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the fourth quarter valued at approximately $3,177,000. Finally, Duncan Williams Asset Management LLC grew its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 5.1% in the fourth quarter. Duncan Williams Asset Management LLC now owns 155,976 shares of the company’s stock valued at $12,321,000 after purchasing an additional 7,567 shares in 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.