Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) Sees Significant Growth in Short Interest

Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 80 shares, a growth of 321.1% from the June 30th total of 19 shares. Based on an average trading volume of 302 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Goldman Sachs Future Health Care Equity ETF

A number of large investors have recently made changes to their positions in the business. J. Mark Nickell & Co. bought a new position in Goldman Sachs Future Health Care Equity ETF during the fourth quarter valued at approximately $254,000. Susquehanna International Group LLP bought a new position in Goldman Sachs Future Health Care Equity ETF during the third quarter valued at about $348,000. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Goldman Sachs Future Health Care Equity ETF by 6.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 350,223 shares of the company’s stock valued at $11,285,000 after acquiring an additional 21,319 shares during the last quarter.

Goldman Sachs Future Health Care Equity ETF Price Performance

Shares of GDOC traded up $0.28 during trading hours on Monday, hitting $36.07. 120 shares of the company were exchanged, compared to its average volume of 2,157. The firm has a fifty day simple moving average of $34.50 and a 200-day simple moving average of $34.01. The company has a market capitalization of $18.04 million, a PE ratio of 28.36 and a beta of 0.75. Goldman Sachs Future Health Care Equity ETF has a one year low of $30.56 and a one year high of $37.33.

About Goldman Sachs Future Health Care Equity ETF

The Goldman Sachs Future Health Care Equity ETF (GDOC) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed to provide exposure to equities of companies that are driving innovation in healthcare globally. GDOC was launched on Nov 9, 2021 and is managed by Goldman Sachs.