Short Interest in Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) Rises By 574.3%

Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 29,609 shares, a growth of 574.3% from the December 31st total of 4,391 shares. Based on an average daily trading volume, of 47,056 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 47,056 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Goldman Sachs Future Tech Leaders Equity ETF

A number of large investors have recently bought and sold shares of the business. CWM LLC boosted its position in Goldman Sachs Future Tech Leaders Equity ETF by 21.8% during the 4th quarter. CWM LLC now owns 12,331 shares of the company’s stock valued at $493,000 after purchasing an additional 2,208 shares during the period. Heartwood Wealth Advisors LLC boosted its holdings in shares of Goldman Sachs Future Tech Leaders Equity ETF by 0.4% during the fourth quarter. Heartwood Wealth Advisors LLC now owns 559,170 shares of the company’s stock valued at $22,346,000 after acquiring an additional 2,291 shares during the period. NewEdge Advisors LLC bought a new position in shares of Goldman Sachs Future Tech Leaders Equity ETF during the third quarter worth about $134,000. Susquehanna International Group LLP grew its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 100.3% during the third quarter. Susquehanna International Group LLP now owns 20,652 shares of the company’s stock worth $806,000 after acquiring an additional 10,343 shares during the last quarter. Finally, Flow Traders U.S. LLC increased its holdings in shares of Goldman Sachs Future Tech Leaders Equity ETF by 144.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 44,394 shares of the company’s stock worth $1,732,000 after acquiring an additional 26,217 shares during the period.

Goldman Sachs Future Tech Leaders Equity ETF Stock Down 2.6%

Shares of GTEK traded down $1.12 during mid-day trading on Thursday, hitting $42.62. The stock had a trading volume of 7,950 shares, compared to its average volume of 32,061. Goldman Sachs Future Tech Leaders Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $43.78. The company has a market cap of $187.53 million, a PE ratio of 31.43 and a beta of 1.27. The company’s fifty day simple moving average is $40.36 and its two-hundred day simple moving average is $38.79.

About Goldman Sachs Future Tech Leaders Equity ETF

The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in potentially growing technology companies that are believed to drive tech innovation around the world. GTEK was launched on Sep 14, 2021 and is managed by Goldman Sachs.