Short Interest in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Increases By 110.0%

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 25,784 shares, a growth of 110.0% from the August 15th total of 12,280 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 40,668 shares, the days-to-cover ratio is presently 0.6 days.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Trading Down 0.7%

NYSEARCA:GSSC traded down $0.59 during mid-day trading on Tuesday, hitting $87.65. The stock had a trading volume of 30,823 shares, compared to its average volume of 42,881. The company has a 50 day simple moving average of $90.35 and a 200-day simple moving average of $84.99. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 15.78 and a beta of 1.04. Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF has a 52 week low of $70.21 and a 52 week high of $92.84.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 30,607.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 122,524 shares of the company’s stock worth $9,266,000 after purchasing an additional 122,125 shares during the period. Rockefeller Capital Management L.P. grew its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 1,866.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 72,915 shares of the company’s stock worth $5,515,000 after purchasing an additional 69,207 shares in the last quarter. Capital Financial Group Inc. Co. ADV purchased a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF in the 4th quarter worth about $5,113,000. Northwest Wealth Advisors LLC acquired a new stake in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF during the 4th quarter worth about $3,177,000. Finally, Stephens Inc. AR boosted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 114.0% during the 4th quarter. Stephens Inc. AR now owns 60,563 shares of the company’s stock worth $4,580,000 after acquiring an additional 32,269 shares during the period.

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.