Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) Sees Significant Decrease in Short Interest

Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 220 shares, a drop of 95.0% from the July 30th total of 4,423 shares. Based on an average trading volume of 18,106 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta Japan Equity ETF

A number of institutional investors have recently bought and sold shares of the company. Wealthfront Advisers LLC boosted its holdings in Goldman Sachs ActiveBeta Japan Equity ETF by 10.8% in the 4th quarter. Wealthfront Advisers LLC now owns 5,139 shares of the company’s stock valued at $239,000 after purchasing an additional 502 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Goldman Sachs ActiveBeta Japan Equity ETF by 56.1% in the 1st quarter. Jane Street Group LLC now owns 95,107 shares of the company’s stock valued at $3,661,000 after buying an additional 34,188 shares during the period. Finally, Betterment LLC increased its holdings in shares of Goldman Sachs ActiveBeta Japan Equity ETF by 0.8% during the 4th quarter. Betterment LLC now owns 1,069,668 shares of the company’s stock worth $49,836,000 after buying an additional 8,226 shares during the last quarter.

Goldman Sachs ActiveBeta Japan Equity ETF Stock Performance

Shares of NYSEARCA GSJY traded up $0.42 during trading on Tuesday, hitting $54.70. 2,285 shares of the company were exchanged, compared to its average volume of 8,380. The company has a fifty day moving average price of $53.14 and a 200-day moving average price of $51.77. The firm has a market capitalization of $87.52 million, a PE ratio of 14.30 and a beta of 0.64. Goldman Sachs ActiveBeta Japan Equity ETF has a 12-month low of $43.67 and a 12-month high of $56.34.

About Goldman Sachs ActiveBeta Japan Equity ETF

The Goldman Sachs ActiveBeta Japan Equity ETF (GSJY) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of Japanese large- and mid-cap equities, with equal weights to each of 4 factor buckets and stocks within each bucket weighted by a factor score. GSJY was launched on Mar 2, 2016 and is managed by Goldman Sachs.