Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) Sees Large Decrease in Short Interest

Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 8,166 shares, a decline of 82.4% from the May 31st total of 46,443 shares. Based on an average trading volume of 22,232 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

Goldman Sachs Small Cap Core Equity ETF Price Performance

GSC opened at $67.83 on Friday. The stock has a market capitalization of $271.32 million, a P/E ratio of 22.22 and a beta of 1.14. The company’s 50 day simple moving average is $62.12 and its 200-day simple moving average is $58.68. Goldman Sachs Small Cap Core Equity ETF has a one year low of $49.70 and a one year high of $68.04.

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

Several large investors have recently made changes to their positions in GSC. Bank of America Corp DE acquired a new stake in Goldman Sachs Small Cap Core Equity ETF in the second quarter worth about $113,000. Northwest Wealth Advisors LLC acquired a new position in Goldman Sachs Small Cap Core Equity ETF during 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% during the 4th quarter. DAVENPORT & Co LLC now owns 4,990 shares of the company’s stock valued at $271,000 after purchasing an additional 901 shares during the period. Jane Street Group LLC bought a new position in shares of 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 shares of Goldman Sachs Small Cap Core Equity ETF in the 4th quarter valued at about $417,000.

About Goldman Sachs Small Cap Core Equity ETF

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.