Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) Short Interest Up 58.4% in July

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 44,684 shares, an increase of 58.4% from the July 15th total of 28,213 shares. Based on an average daily trading volume, of 15,313 shares, the days-to-cover ratio is presently 2.9 days. Currently, 0.7% of the company’s stock are sold short.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Stock Performance

Shares of NYSEARCA:GGUS opened at $66.83 on Thursday. The company has a market cap of $447.76 million, a P/E ratio of 35.28 and a beta of 1.18. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a one year low of $55.70 and a one year high of $69.46. The business’s 50-day simple moving average is $66.34 and its 200 day simple moving average is $64.06.

Institutional Trading of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

A number of hedge funds have recently made changes to their positions in the company. Kestra Advisory Services LLC purchased a new position in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the fourth quarter valued at $56,000. Cornerstone Planning Group LLC acquired a new stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the 1st quarter valued at $75,000. Transamerica Financial Advisors LLC increased its stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 25.7% during the 4th quarter. Transamerica Financial Advisors LLC now owns 1,441 shares of the company’s stock worth $92,000 after buying an additional 295 shares during the period. Osaic Holdings Inc. lifted its holdings in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 18.1% in the 2nd quarter. Osaic Holdings Inc. now owns 2,975 shares of the company’s stock worth $172,000 after buying an additional 457 shares in the last quarter. Finally, World Investment Advisors acquired a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the 4th quarter worth $304,000.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Company Profile

The Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest growth characteristics based on Russells style methodology. GGUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.