Short Interest in Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Rises By 48.5%

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 2,063 shares, an increase of 48.5% from the November 30th total of 1,389 shares. Based on an average daily trading volume, of 8,344 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 8,344 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Goldman Sachs ActiveBeta Europe Equity ETF

A number of hedge funds have recently modified their holdings of the stock. Western Wealth Management LLC acquired a new stake in Goldman Sachs ActiveBeta Europe Equity ETF during the second quarter worth approximately $202,000. Legacy Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the third quarter valued at approximately $227,000. Citadel Advisors LLC bought a new position in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the third quarter worth approximately $313,000. Wealthfront Advisers LLC increased its stake 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 during the period. Finally, Flow Traders U.S. LLC acquired a new stake in Goldman Sachs ActiveBeta Europe Equity ETF during the 2nd quarter worth approximately $1,337,000.

Goldman Sachs ActiveBeta Europe Equity ETF Stock Down 0.3%

Shares of NYSEARCA:GSEU traded down $0.15 during midday trading on Monday, hitting $45.67. The stock had a trading volume of 9,232 shares, compared to its average volume of 15,054. The company has a market cap of $118.75 million, a P/E ratio of 15.76 and a beta of 0.91. Goldman Sachs ActiveBeta Europe Equity ETF has a 12 month low of $34.09 and a 12 month high of $46.07. The business’s 50-day simple moving average is $44.33 and its 200-day simple moving average is $43.34.

About Goldman Sachs ActiveBeta Europe Equity ETF

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.