Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Stock Short Interest Report for October

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 8,266 shares, a growth of 121.6% from the September 30th total of 3,730 shares. Based on an average daily trading volume, of 11,321 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the shares of the stock are sold short.

Goldman Sachs ActiveBeta Europe Equity ETF Trading Down 0.7%

Shares of GSEU stock traded down $0.34 during trading hours on Friday, hitting $48.09. The company’s stock had a trading volume of 3,848 shares, compared to its average volume of 15,350. The business has a fifty day moving average of $48.59 and a 200-day moving average of $48.11. The stock has a market cap of $173.12 million, a price-to-earnings ratio of 15.76 and a beta of 0.82. Goldman Sachs ActiveBeta Europe Equity ETF has a twelve month low of $42.38 and a twelve month high of $50.82.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC acquired a new position in Goldman Sachs ActiveBeta Europe Equity ETF in the second quarter valued at $152,000. Founders Financial Securities LLC acquired a new position in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the 3rd quarter valued at $271,000. Finally, Wealthfront Advisers LLC boosted its position in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 26.3% in the first quarter. Wealthfront Advisers LLC now owns 16,406 shares of the company’s stock worth $742,000 after buying an additional 3,417 shares during the period.

Goldman Sachs ActiveBeta Europe Equity ETF Company Profile

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