Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) Sees Large Growth in Short Interest

Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 3,215 shares, an increase of 43.3% from the November 30th total of 2,243 shares. Based on an average daily volume of 4,094 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 4,094 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta Japan Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of GSJY. Wealthfront Advisers LLC bought a new stake in shares of Goldman Sachs ActiveBeta Japan Equity ETF in the 3rd quarter valued at approximately $209,000. Jane Street Group LLC lifted its stake in Goldman Sachs ActiveBeta Japan Equity ETF by 56.1% during the first quarter. Jane Street Group LLC now owns 95,107 shares of the company’s stock worth $3,661,000 after purchasing an additional 34,188 shares during the last quarter. Finally, Betterment LLC lifted its stake in Goldman Sachs ActiveBeta Japan Equity ETF by 3.8% during the first quarter. Betterment LLC now owns 666,740 shares of the company’s stock worth $25,663,000 after purchasing an additional 24,219 shares during the last quarter.

Goldman Sachs ActiveBeta Japan Equity ETF Stock Up 0.2%

Shares of GSJY traded up $0.07 during trading on Monday, reaching $46.69. The company’s stock had a trading volume of 5,133 shares, compared to its average volume of 9,732. The company has a market cap of $65.37 million, a price-to-earnings ratio of 14.30 and a beta of 0.65. The company has a fifty day moving average of $46.61 and a two-hundred day moving average of $44.51. Goldman Sachs ActiveBeta Japan Equity ETF has a twelve month low of $33.56 and a twelve month high of $48.03.

About Goldman Sachs ActiveBeta Japan Equity ETF

The Goldman Sachs ActiveBeta Japan Equity ETF (GSJY) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of Japanese large- and mid-cap equities, with equal weights to each of 4 factor buckets and stocks within each bucket weighted by a factor score. GSJY was launched on Mar 2, 2016 and is managed by Goldman Sachs.