Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Short Interest Down 82.4% in August

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 12,280 shares, a decline of 82.4% from the July 30th total of 69,762 shares. Based on an average trading volume of 38,272 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Down 0.0%

NYSEARCA:GSSC traded down $0.02 on Wednesday, hitting $90.93. 15,142 shares of the stock were exchanged, compared to its average volume of 43,763. The stock has a fifty day moving average of $90.42 and a 200-day moving average of $83.98. The stock has a market cap of $1.06 billion, a PE ratio of 15.78 and a beta of 1.04. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a fifty-two week low of $70.21 and a fifty-two week high of $92.84.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Integrated Wealth Concepts LLC boosted its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 3,663 shares of the company’s stock valued at $232,000 after buying an additional 213 shares during the period. NewEdge Advisors LLC raised its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.2% during the fourth quarter. NewEdge Advisors LLC now owns 7,552 shares of the company’s stock worth $571,000 after acquiring an additional 234 shares during the period. Aire Advisors LLC lifted its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 4.9% in the first quarter. Aire Advisors LLC now owns 5,246 shares of the company’s stock worth $391,000 after acquiring an additional 246 shares during the last quarter. Beacon Financial Advisory LLC lifted its holdings in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 9.2% in the second quarter. Beacon Financial Advisory LLC now owns 3,385 shares of the company’s stock worth $309,000 after acquiring an additional 284 shares during the last quarter. Finally, Syntegra Private Wealth Group LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1.8% in the fourth quarter. Syntegra Private Wealth Group LLC now owns 17,411 shares of the company’s stock valued at $1,317,000 after acquiring an additional 307 shares during the period.

About Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

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.