Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Shares Shorted: Short Interest Down 80.0% in October

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the recipient of a large decline in short interest in October. As of October 30th, there was short interest totaling 10,019 shares, a decline of 80.0% from the October 15th total of 50,147 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 195,629 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Benjamin Edwards Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the third quarter valued at $7,408,000. First Trust Advisors LP acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $290,000. Texas Yale Capital Corp. acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $5,990,000. TIAA CREF Individual & Institutional Services LLC increased its position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 9.1% in the 3rd quarter. TIAA CREF Individual & Institutional Services LLC now owns 2,282 shares of the company’s stock valued at $331,000 after purchasing an additional 190 shares during the last quarter. Finally, FCA Corp TX purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 3rd quarter valued at approximately $6,577,000.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Price Performance

NYSEARCA GSLC traded up $0.05 on Thursday, hitting $145.51. The company had a trading volume of 65,245 shares, compared to its average volume of 293,230. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12-month low of $121.12 and a 12-month high of $148.93. The company’s fifty day moving average price is $145.97 and its 200-day moving average price is $139.74. The company has a market capitalization of $15.07 billion, a PE ratio of 21.82 and a beta of 0.99.

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

The Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks comprising 4 sub-indexes: value, momentum, quality, and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.