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

Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 147 shares, an increase of 286.8% from the May 14th total of 38 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,834 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GDOC. J. Mark Nickell & Co. bought a new position in Goldman Sachs Future Health Care Equity ETF during the 4th quarter worth $254,000. Susquehanna International Group LLP bought a new position in Goldman Sachs Future Health Care Equity ETF during the 3rd quarter worth $348,000. Finally, Goldman Sachs Group Inc. raised its position in 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 worth $11,285,000 after purchasing an additional 21,319 shares during the last quarter.

Goldman Sachs Future Health Care Equity ETF Trading Down 0.6%

NYSEARCA:GDOC traded down $0.19 during trading hours on Friday, hitting $33.60. 198 shares of the company were exchanged, compared to its average volume of 1,896. The stock has a market capitalization of $23.52 million, a price-to-earnings ratio of 28.36 and a beta of 0.76. Goldman Sachs Future Health Care Equity ETF has a one year low of $30.56 and a one year high of $37.33. The company has a fifty day simple moving average of $32.75 and a 200 day simple moving average of $34.14.

Goldman Sachs Future Health Care Equity ETF Company Profile

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.