Short Interest in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) Increases By 1,665.4%

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (NYSEARCA:GVUS) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 2,348 shares, an increase of 1,665.4% from the December 31st total of 133 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 14,208 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 14,208 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GVUS. MGO One Seven LLC purchased a new position in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF during the third quarter worth approximately $275,000. Flow Traders U.S. LLC acquired a new stake in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF during the 2nd quarter worth $674,000. Finally, Sowell Financial Services LLC raised its position in shares of Goldman Sachs MarketBeta Russell 1000 Value Equity ETF by 62.1% in the 3rd quarter. Sowell Financial Services LLC now owns 18,180 shares of the company’s stock worth $951,000 after buying an additional 6,962 shares during the period.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Price Performance

NYSEARCA:GVUS traded up $0.03 during trading hours on Tuesday, reaching $56.31. 1,734 shares of the company traded hands, compared to its average volume of 9,343. The firm’s 50-day moving average is $54.56 and its 200-day moving average is $52.71. The stock has a market cap of $405.43 million, a P/E ratio of 19.27 and a beta of 0.83. Goldman Sachs MarketBeta Russell 1000 Value Equity ETF has a 1-year low of $42.81 and a 1-year high of $56.61.

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF Company Profile

The Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) 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 value characteristics based on Russells style methodology. GVUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.