Short Interest in Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) Declines By 97.3%

Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 4 shares, a decrease of 97.3% from the May 31st total of 147 shares. Based on an average daily trading volume, of 574 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Goldman Sachs Future Health Care Equity ETF Price Performance

Shares of Goldman Sachs Future Health Care Equity ETF stock traded up $0.60 during trading on Thursday, hitting $35.23. 183 shares of the company’s stock traded hands, compared to its average volume of 2,496. The firm’s fifty day moving average price is $32.89 and its 200 day moving average price is $33.94. Goldman Sachs Future Health Care Equity ETF has a twelve month low of $30.56 and a twelve month high of $37.33. The company has a market cap of $24.66 million, a PE ratio of 28.36 and a beta of 0.76.

Institutional Investors Weigh In On Goldman Sachs Future Health Care Equity ETF

A number of institutional investors have recently added to or reduced their stakes in GDOC. Goldman Sachs Group Inc. grew its stake in shares of Goldman Sachs Future Health Care Equity ETF by 6.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 350,223 shares of the company’s stock valued at $11,285,000 after purchasing an additional 21,319 shares during the period. Susquehanna International Group LLP bought a new position in shares of Goldman Sachs Future Health Care Equity ETF during the 3rd quarter worth approximately $348,000. Finally, J. Mark Nickell & Co. bought a new position in shares of Goldman Sachs Future Health Care Equity ETF during the 4th quarter worth approximately $254,000.

Goldman Sachs Future Health Care Equity ETF Company Profile

The Goldman Sachs Future Health Care Equity ETF (GDOC) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed to provide exposure to equities of companies that are driving innovation in healthcare globally. GDOC was launched on Nov 9, 2021 and is managed by Goldman Sachs.