Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Short Interest Up 36.9% in May

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the target of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 98,000 shares, an increase of 36.9% from the May 15th total of 71,600 shares. Based on an average daily trading volume, of 287,900 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

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

GSLC opened at $118.13 on Tuesday. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a 12-month low of $94.88 and a 12-month high of $121.00. The stock has a market capitalization of $13.47 billion, a PE ratio of 23.79 and a beta of 1.00. The firm’s fifty day moving average price is $112.10 and its 200 day moving average price is $114.25.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Blue Bell Private Wealth Management LLC grew its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1,607.1% in the first quarter. Blue Bell Private Wealth Management LLC now owns 239 shares of the company’s stock worth $26,000 after purchasing an additional 225 shares in the last quarter. Heritage Wealth Advisors bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 4th quarter worth approximately $29,000. Sunbelt Securities Inc. lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 162.0% during the 1st quarter. Sunbelt Securities Inc. now owns 262 shares of the company’s stock worth $29,000 after buying an additional 162 shares during the last quarter. Alexis Investment Partners LLC acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter worth approximately $35,000. Finally, Millstone Evans Group LLC bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter valued at approximately $36,000.

About Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

The Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks comprising 4 sub-indexes: value, momentum, quality, and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight.