Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Stock Short Interest Jumps 445.8%

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 39,742 shares, an increase of 445.8% from the August 31st total of 7,281 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 148,277 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Goldman Sachs MarketBeta U.S. Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp purchased a new position in Goldman Sachs MarketBeta U.S. Equity ETF during the first quarter worth about $120,000. Gateway Wealth Partners LLC purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF in the 1st quarter worth approximately $219,000. Kestra Advisory Services LLC grew its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 9.4% in the first quarter. Kestra Advisory Services LLC now owns 6,425 shares of the company’s stock valued at $576,000 after acquiring an additional 552 shares in the last quarter. Cornerstone Planning Group LLC purchased a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the first quarter valued at approximately $579,000. Finally, Camelot Portfolios LLC bought a new stake in Goldman Sachs MarketBeta U.S. Equity ETF during the second quarter worth $676,000.

Goldman Sachs MarketBeta U.S. Equity ETF Trading Up 0.6%

Shares of Goldman Sachs MarketBeta U.S. Equity ETF stock opened at $106.83 on Friday. The company has a market capitalization of $3.26 billion, a P/E ratio of 26.28 and a beta of 1.02. The stock has a fifty day simple moving average of $105.35 and a 200 day simple moving average of $101.09. Goldman Sachs MarketBeta U.S. Equity ETF has a 12-month low of $86.68 and a 12-month high of $107.67.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

The Goldman Sachs MarketBeta US Equity ETF (GSUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market capitalization. GSUS was launched on May 12, 2020 and is managed by Goldman Sachs.