Short Interest in Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) Decreases By 97.3%

Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 4 shares, a drop of 97.3% from the May 31st total of 147 shares. Based on an average daily volume of 574 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of Goldman Sachs Future Health Care Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. J. Mark Nickell & Co. purchased a new stake in shares of Goldman Sachs Future Health Care Equity ETF during the 4th quarter valued at approximately $254,000. Susquehanna International Group LLP acquired a new stake in Goldman Sachs Future Health Care Equity ETF during the third quarter worth $348,000. Finally, Goldman Sachs Group Inc. raised its position in Goldman Sachs Future Health Care Equity ETF by 6.5% in the first quarter. Goldman Sachs Group Inc. now owns 350,223 shares of the company’s stock valued at $11,285,000 after purchasing an additional 21,319 shares during the period.

Goldman Sachs Future Health Care Equity ETF Stock Performance

Shares of NYSEARCA GDOC traded up $0.83 during trading on Friday, hitting $36.06. 33 shares of the company were exchanged, compared to its average volume of 2,475. Goldman Sachs Future Health Care Equity ETF has a 12-month low of $30.56 and a 12-month high of $37.33. The firm has a market capitalization of $25.24 million, a PE ratio of 28.36 and a beta of 0.76. The company has a fifty day moving average price of $32.94 and a 200-day moving average price of $33.95.

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.