Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Short Interest Up 90.1% in February

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 1,367 shares, a growth of 90.1% from the February 12th total of 719 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 9,737 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 9,737 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of Goldman Sachs ActiveBeta Europe Equity ETF

Several hedge funds have recently added to or reduced their stakes in the stock. SHP Wealth Management bought a new position in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the 4th quarter valued at approximately $74,000. Western Wealth Management LLC bought a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the 2nd quarter worth approximately $202,000. Founders Financial Securities LLC purchased a new position in Goldman Sachs ActiveBeta Europe Equity ETF in the fourth quarter valued at approximately $209,000. Legacy Advisors LLC purchased a new position in Goldman Sachs ActiveBeta Europe Equity ETF in the third quarter valued at approximately $227,000. Finally, Citadel Advisors LLC bought a new position in Goldman Sachs ActiveBeta Europe Equity ETF during the third quarter valued at $313,000.

Goldman Sachs ActiveBeta Europe Equity ETF Stock Down 1.2%

Shares of GSEU traded down $0.56 during trading hours on Friday, hitting $44.88. 10,725 shares of the company were exchanged, compared to its average volume of 18,001. The firm’s fifty day moving average is $47.41 and its 200 day moving average is $45.18. The company has a market cap of $116.69 million, a price-to-earnings ratio of 15.76 and a beta of 0.91. Goldman Sachs ActiveBeta Europe Equity ETF has a fifty-two week low of $34.09 and a fifty-two week high of $50.08.

About Goldman Sachs ActiveBeta Europe Equity ETF

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.