Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) Sees Significant Increase in Short Interest

Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 17,668 shares, an increase of 834.8% from the April 15th total of 1,890 shares. Based on an average daily volume of 113,875 shares, the short-interest ratio is presently 0.2 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On Goldman Sachs Small Cap Core Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its position in Goldman Sachs Small Cap Core Equity ETF by 101.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 31,461 shares of the company’s stock worth $1,787,000 after purchasing an additional 15,814 shares during the last quarter. Legacy Edge Advisors LLC acquired a new stake in Goldman Sachs Small Cap Core Equity ETF during the fourth quarter worth about $484,000. Sanctuary Advisors LLC increased its position in Goldman Sachs Small Cap Core Equity ETF by 3.5% during the fourth quarter. Sanctuary Advisors LLC now owns 88,147 shares of the company’s stock worth $4,792,000 after purchasing an additional 2,975 shares during the last quarter. DAVENPORT & Co LLC increased its position in Goldman Sachs Small Cap Core Equity ETF by 22.0% during the fourth quarter. DAVENPORT & Co LLC now owns 4,990 shares of the company’s stock worth $271,000 after purchasing an additional 901 shares during the last quarter. Finally, Osaic Holdings Inc. acquired a new stake in shares of Goldman Sachs Small Cap Core Equity ETF during the fourth quarter valued at about $1,899,000.

Goldman Sachs Small Cap Core Equity ETF Trading Down 2.3%

Goldman Sachs Small Cap Core Equity ETF stock traded down $1.39 during midday trading on Tuesday, hitting $60.03. 2,227 shares of the stock were exchanged, compared to its average volume of 21,780. Goldman Sachs Small Cap Core Equity ETF has a fifty-two week low of $47.41 and a fifty-two week high of $62.86. The stock has a market capitalization of $240.12 million, a price-to-earnings ratio of 22.22 and a beta of 1.16. The stock’s 50-day simple moving average is $57.33 and its 200 day simple moving average is $56.42.

About Goldman Sachs Small Cap Core Equity ETF

The Goldman Sachs Small Cap Core Equity ETF (GSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed ETF that invests in small-cap companies. The fund tilts towards US companies but may still invest in securities from other countries, including emerging markets. GSC was launched on Oct 3, 2023 and is issued by Goldman Sachs.