Short Interest in Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Expands By 104.7%

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 2,829 shares, an increase of 104.7% from the January 15th total of 1,382 shares. Based on an average trading volume of 13,640 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 13,640 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta Europe Equity ETF

A number of large investors have recently modified their holdings of GSEU. Founders Financial Securities LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the 4th quarter valued at about $209,000. Western Wealth Management LLC purchased a new position in Goldman Sachs ActiveBeta Europe Equity ETF in the 2nd quarter worth approximately $202,000. Legacy Advisors LLC acquired a new stake in Goldman Sachs ActiveBeta Europe Equity ETF in the third quarter valued at approximately $227,000. Citadel Advisors LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the third quarter valued at approximately $313,000. Finally, Wealthfront Advisers LLC lifted its position in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 69.1% during the second quarter. Wealthfront Advisers LLC now owns 13,456 shares of the company’s stock worth $570,000 after purchasing an additional 5,497 shares in the last quarter.

Goldman Sachs ActiveBeta Europe Equity ETF Trading Down 1.0%

Shares of Goldman Sachs ActiveBeta Europe Equity ETF stock opened at $48.17 on Friday. The company has a fifty day moving average price of $46.50 and a 200 day moving average price of $44.45. Goldman Sachs ActiveBeta Europe Equity ETF has a twelve month low of $34.09 and a twelve month high of $49.04. The stock has a market cap of $125.24 million, a price-to-earnings ratio of 15.76 and a beta of 0.91.

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.