Short Interest in Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Drops By 45.4%

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 2,699 shares, a drop of 45.4% from the June 30th total of 4,946 shares. Based on an average trading volume of 337 shares, the short-interest ratio is presently 8.0 days. Approximately 0.0% of the shares of the company are short sold.

Goldman Sachs MarketBeta US 1000 Equity ETF Trading Up 1.6%

Goldman Sachs MarketBeta US 1000 Equity ETF stock traded up $1.00 during midday trading on Thursday, reaching $64.11. 699 shares of the stock traded hands, compared to its average volume of 848. The firm has a fifty day moving average price of $64.48 and a two-hundred day moving average price of $61.43. The firm has a market cap of $2.31 billion, a price-to-earnings ratio of 25.67 and a beta of 1.01. Goldman Sachs MarketBeta US 1000 Equity ETF has a fifty-two week low of $53.98 and a fifty-two week high of $65.66.

Hedge Funds Weigh In On Goldman Sachs MarketBeta US 1000 Equity ETF

A hedge fund recently bought a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF stock. Fiduciary Advisors Inc. bought a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,471 shares of the company’s stock, valued at approximately $87,000.

Goldman Sachs MarketBeta US 1000 Equity ETF Company Profile

The Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) is an exchange-traded fund that is based on the Solactive GBS United States 1000 index. The fund tracks an index of 1,000 US large-cap companies selected and weighted by market-cap. GUSA was launched on Apr 5, 2022 and is managed by Goldman Sachs.