Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Short Interest Update

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 49,523 shares, a decline of 34.4% from the June 30th total of 75,542 shares. Based on an average daily volume of 89,346 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Ausdal Financial Partners Inc. raised its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 3.7% during the fourth quarter. Ausdal Financial Partners Inc. now owns 12,352 shares of the company’s stock worth $1,166,000 after acquiring an additional 438 shares during the period. O Shaughnessy Asset Management LLC lifted its position in Goldman Sachs MarketBeta U.S. Equity ETF by 156.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 796 shares of the company’s stock valued at $75,000 after acquiring an additional 486 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in Goldman Sachs MarketBeta U.S. Equity ETF in the 2nd quarter worth $42,000. Oak Harbor Wealth Partners LLC acquired a new position in Goldman Sachs MarketBeta U.S. Equity ETF in the 4th quarter worth $51,000. Finally, Kestra Advisory Services LLC boosted its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 9.4% in the 1st quarter. Kestra Advisory Services LLC now owns 6,425 shares of the company’s stock worth $576,000 after purchasing an additional 552 shares during the period.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Performance

Shares of GSUS opened at $102.34 on Friday. The stock has a 50 day simple moving average of $102.92 and a 200 day simple moving average of $97.92. Goldman Sachs MarketBeta U.S. Equity ETF has a 52-week low of $85.82 and a 52-week high of $105.04. The firm has a market capitalization of $3.13 billion, a PE ratio of 26.28 and a beta of 1.02.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

The Goldman Sachs MarketBeta US Equity ETF (GSUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market capitalization. GSUS was launched on May 12, 2020 and is managed by Goldman Sachs.