Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Short Interest Update

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 33,824 shares, a decline of 52.7% from the May 14th total of 71,576 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 25,020 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,663 shares of the company’s stock valued at $232,000 after acquiring an additional 213 shares during the period. NewEdge Advisors LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.2% during the 4th quarter. NewEdge Advisors LLC now owns 7,552 shares of the company’s stock valued at $571,000 after acquiring an additional 234 shares during the period. Aire Advisors LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 4.9% during the 1st quarter. Aire Advisors LLC now owns 5,246 shares of the company’s stock valued at $391,000 after acquiring an additional 246 shares during the period. Syntegra Private Wealth Group LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1.8% during the 4th quarter. Syntegra Private Wealth Group LLC now owns 17,411 shares of the company’s stock valued at $1,317,000 after acquiring an additional 307 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 850.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 399 shares of the company’s stock valued at $30,000 after acquiring an additional 357 shares during the period.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Price Performance

Shares of NYSEARCA:GSSC traded up $0.82 during mid-day trading on Friday, reaching $88.21. 27,833 shares of the company traded hands, compared to its average volume of 45,684. The company’s 50 day moving average price is $82.94 and its 200-day moving average price is $79.33. The firm has a market cap of $1.01 billion, a PE ratio of 15.78 and a beta of 1.05. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 52 week low of $65.84 and a 52 week high of $88.90.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Company Profile

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.