Short Interest in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Increases By 505.5%

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 31,316 shares, an increase of 505.5% from the November 30th total of 5,172 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 25,733 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 25,733 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Private Trust Co. NA lifted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 49.8% during the second quarter. Private Trust Co. NA now owns 599 shares of the company’s stock valued at $41,000 after acquiring an additional 199 shares during the period. Betterment LLC raised its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 28.0% in the second quarter. Betterment LLC now owns 762,667 shares of the company’s stock worth $52,327,000 after purchasing an additional 166,695 shares during the period. IFP Advisors Inc increased its position in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 4.1% in the 2nd quarter. IFP Advisors Inc now owns 173,626 shares of the company’s stock valued at $11,913,000 after buying an additional 6,832 shares in the last quarter. Strategic Financial Services Inc. raised its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 48.7% during the 1st quarter. Strategic Financial Services Inc. now owns 58,925 shares of the company’s stock worth $3,738,000 after buying an additional 19,296 shares during the period. Finally, Syntegra Private Wealth Group LLC bought a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the second quarter worth about $1,174,000.

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

Shares of NYSEARCA:GSSC traded down $0.34 during midday trading on Friday, hitting $77.05. 3,565 shares of the stock were exchanged, compared to its average volume of 34,276. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 52-week low of $54.91 and a 52-week high of $78.74. The business’s fifty day simple moving average is $75.12 and its two-hundred day simple moving average is $72.85. The company has a market capitalization of $716.57 million, a PE ratio of 15.78 and a beta of 1.06.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Company Profile

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.