Short Interest in Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) Expands By 1,074.1%

Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 2,583 shares, an increase of 1,074.1% from the August 15th total of 220 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 18,743 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta Japan Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC raised its stake in shares of Goldman Sachs ActiveBeta Japan Equity ETF by 56.1% during the first quarter. Jane Street Group LLC now owns 95,107 shares of the company’s stock valued at $3,661,000 after purchasing an additional 34,188 shares during the period. Citadel Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta Japan Equity ETF during the second quarter worth $1,542,000. Betterment LLC boosted its stake in shares of Goldman Sachs ActiveBeta Japan Equity ETF by 0.8% in the fourth quarter. Betterment LLC now owns 1,069,668 shares of the company’s stock valued at $49,836,000 after purchasing an additional 8,226 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Goldman Sachs ActiveBeta Japan Equity ETF during the 2nd quarter valued at $145,000. Finally, Wealthfront Advisers LLC grew its holdings in Goldman Sachs ActiveBeta Japan Equity ETF by 5.0% during the 1st quarter. Wealthfront Advisers LLC now owns 5,397 shares of the company’s stock valued at $263,000 after purchasing an additional 258 shares in the last quarter.

Goldman Sachs ActiveBeta Japan Equity ETF Stock Up 2.3%

Shares of NYSEARCA GSJY traded up $1.26 on Friday, hitting $56.49. The company had a trading volume of 6,308 shares, compared to its average volume of 8,532. Goldman Sachs ActiveBeta Japan Equity ETF has a 12-month low of $43.73 and a 12-month high of $56.60. The business has a 50 day moving average of $53.82 and a two-hundred day moving average of $52.00. The firm has a market capitalization of $90.38 million, a P/E ratio of 14.30 and a beta of 0.65.

Goldman Sachs ActiveBeta Japan Equity ETF Company Profile

The Goldman Sachs ActiveBeta Japan Equity ETF (GSJY) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of Japanese large- and mid-cap equities, with equal weights to each of 4 factor buckets and stocks within each bucket weighted by a factor score. GSJY was launched on Mar 2, 2016 and is managed by Goldman Sachs.