Short Interest in Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) Rises By 286.8%

Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 147 shares, an increase of 286.8% from the May 14th total of 38 shares. Based on an average daily volume of 1,834 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Goldman Sachs Future Health Care Equity ETF Stock Down 0.6%

GDOC traded down $0.19 during midday trading on Friday, hitting $33.60. The company had a trading volume of 198 shares, compared to its average volume of 1,896. Goldman Sachs Future Health Care Equity ETF has a 52 week low of $30.56 and a 52 week high of $37.33. The company has a market capitalization of $23.52 million, a price-to-earnings ratio of 28.36 and a beta of 0.76. The stock’s 50 day moving average price is $32.75 and its 200 day moving average price is $34.14.

Institutional Investors Weigh In On Goldman Sachs Future Health Care Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. increased its position in shares of Goldman Sachs Future Health Care Equity ETF by 6.5% during the first quarter. Goldman Sachs Group Inc. now owns 350,223 shares of the company’s stock worth $11,285,000 after acquiring an additional 21,319 shares in the last quarter. Susquehanna International Group LLP bought a new stake in shares of Goldman Sachs Future Health Care Equity ETF during the third quarter worth about $348,000. Finally, J. Mark Nickell & Co. bought a new stake in shares of Goldman Sachs Future Health Care Equity ETF during the fourth quarter worth about $254,000.

About Goldman Sachs Future Health Care Equity ETF

The Goldman Sachs Future Health Care Equity ETF (GDOC) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed to provide exposure to equities of companies that are driving innovation in healthcare globally. GDOC was launched on Nov 9, 2021 and is managed by Goldman Sachs.