Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Stock Short Interest Report for October

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 8,266 shares, an increase of 121.6% from the September 30th total of 3,730 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 11,321 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Founders Financial Securities LLC purchased a new stake in Goldman Sachs ActiveBeta Europe Equity ETF in the third quarter worth $271,000. Wealthfront Advisers LLC boosted its holdings in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 26.3% in the 1st quarter. Wealthfront Advisers LLC now owns 16,406 shares of the company’s stock valued at $742,000 after buying an additional 3,417 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the 2nd quarter worth $152,000.

Goldman Sachs ActiveBeta Europe Equity ETF Trading Down 0.7%

Shares of GSEU stock traded down $0.34 on Friday, hitting $48.09. 3,848 shares of the stock were exchanged, compared to its average volume of 15,350. The firm has a market capitalization of $173.12 million, a P/E ratio of 15.76 and a beta of 0.82. Goldman Sachs ActiveBeta Europe Equity ETF has a fifty-two week low of $42.38 and a fifty-two week high of $50.82. The business has a 50-day moving average of $48.63 and a 200 day moving average of $48.10.

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.