Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Stock Short Interest Rises 129.6%

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 59,196 shares, a growth of 129.6% from the August 31st total of 25,784 shares. Based on an average daily trading volume, of 28,252 shares, the short-interest ratio is presently 2.1 days. Currently, 0.5% of the company’s stock are sold short.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Up 0.3%

Shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF stock traded up $0.26 during trading on Friday, reaching $86.87. The company’s stock had a trading volume of 18,993 shares, compared to its average volume of 42,464. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 1-year low of $70.21 and a 1-year high of $92.84. The company has a 50-day simple moving average of $89.86 and a two-hundred day simple moving average of $85.58. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 15.78 and a beta of 1.04.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

A number of institutional investors have recently bought and sold shares of GSSC. Fifth Third Bancorp purchased a new position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the first quarter valued at $28,000. Cornerstone Planning Group LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter worth about $47,000. Western Wealth Management LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter worth about $47,000. Sanctuary Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter valued at about $204,000. Finally, Beacon Financial Advisory LLC acquired a new stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 1st quarter valued at about $231,000.

About Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

The Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (GSSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks. The index equally weights four factor-based sub-indices: value, momentum, quality, and low volatility. GSSC was launched on Jun 28, 2017 and is managed by Goldman Sachs.