Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) Short Interest Down 74.5% in May

Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,499 shares, a drop of 74.5% from the April 30th total of 17,668 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 11,201 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Goldman Sachs Small Cap Core Equity ETF

Several large investors have recently added to or reduced their stakes in GSC. Bank of America Corp DE bought a new position in Goldman Sachs Small Cap Core Equity ETF in the 2nd quarter valued at about $113,000. Northwest Wealth Advisors LLC bought a new position in Goldman Sachs Small Cap Core Equity ETF in the 4th quarter valued at about $231,000. DAVENPORT & Co LLC lifted its position in Goldman Sachs Small Cap Core Equity ETF by 22.0% in the 4th quarter. DAVENPORT & Co LLC now owns 4,990 shares of the company’s stock valued at $271,000 after acquiring an additional 901 shares in the last quarter. Jane Street Group LLC bought a new position in Goldman Sachs Small Cap Core Equity ETF in the 1st quarter valued at about $353,000. Finally, Commonwealth Equity Services LLC bought a new position in Goldman Sachs Small Cap Core Equity ETF in the 4th quarter valued at about $417,000.

Goldman Sachs Small Cap Core Equity ETF Price Performance

Shares of GSC traded down $0.37 during trading hours on Friday, hitting $62.06. The stock had a trading volume of 72,922 shares, compared to its average volume of 21,034. The firm has a 50 day simple moving average of $58.57 and a 200-day simple moving average of $57.12. The firm has a market capitalization of $248.24 million, a P/E ratio of 22.22 and a beta of 1.16. Goldman Sachs Small Cap Core Equity ETF has a 1-year low of $47.85 and a 1-year high of $63.30.

Goldman Sachs Small Cap Core Equity ETF Company Profile

The Goldman Sachs Small Cap Core Equity ETF (GSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed ETF that invests in small-cap companies. The fund tilts towards US companies but may still invest in securities from other countries, including emerging markets. GSC was launched on Oct 3, 2023 and is issued by Goldman Sachs.