Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Short Interest Down 82.4% in August

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 12,280 shares, a decline of 82.4% from the July 30th total of 69,762 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 38,272 shares, the short-interest ratio is currently 0.3 days.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Stephens Inc. AR boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 114.0% in the fourth quarter. Stephens Inc. AR now owns 60,563 shares of the company’s stock valued at $4,580,000 after acquiring an additional 32,269 shares in the last quarter. Northwest Wealth Advisors LLC purchased a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the fourth quarter worth $3,177,000. Vise Technologies Inc. purchased a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the fourth quarter worth $1,278,000. Paul R. Ried Financial Group LLC grew its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.5% in the first quarter. Paul R. Ried Financial Group LLC now owns 186,297 shares of the company’s stock valued at $13,888,000 after purchasing an additional 6,295 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC raised its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 21.2% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 79,904 shares of the company’s stock worth $5,957,000 after buying an additional 13,974 shares during the last quarter.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Price Performance

Shares of NYSEARCA GSSC traded down $0.02 during midday trading on Wednesday, hitting $90.93. 15,142 shares of the company’s stock were exchanged, compared to its average volume of 43,763. The firm’s fifty day simple moving average is $90.42 and its 200-day simple moving average is $83.98. The company has a market cap of $1.06 billion, a PE ratio of 15.78 and a beta of 1.04. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a twelve month low of $70.21 and a twelve month high of $92.84.

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.