Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Short Interest Down 41.7% in December

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 1,202 shares, a drop of 41.7% from the December 15th total of 2,063 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,619 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 7,619 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta Europe Equity ETF

A number of large investors have recently made changes to their positions in GSEU. Western Wealth Management LLC acquired a new position in Goldman Sachs ActiveBeta Europe Equity ETF during the second quarter worth about $202,000. Legacy Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the 3rd quarter worth approximately $227,000. Citadel Advisors LLC purchased a new position in Goldman Sachs ActiveBeta Europe Equity ETF in the 3rd quarter valued at approximately $313,000. Wealthfront Advisers LLC raised its holdings in Goldman Sachs ActiveBeta Europe Equity ETF by 69.1% during the second quarter. Wealthfront Advisers LLC now owns 13,456 shares of the company’s stock worth $570,000 after purchasing an additional 5,497 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in Goldman Sachs ActiveBeta Europe Equity ETF during the second quarter worth $1,337,000.

Goldman Sachs ActiveBeta Europe Equity ETF Stock Up 0.5%

GSEU stock traded up $0.22 on Friday, reaching $46.77. 10,202 shares of the company’s stock were exchanged, compared to its average volume of 33,809. The stock has a fifty day moving average of $45.07 and a 200-day moving average of $43.78. Goldman Sachs ActiveBeta Europe Equity ETF has a twelve month low of $34.09 and a twelve month high of $46.93. The firm has a market cap of $121.60 million, a PE ratio of 15.76 and a beta of 0.91.

Goldman Sachs ActiveBeta Europe Equity ETF Company Profile

The Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed Europe large- and mid-cap equities, with equal weights to each of four factor buckets and stocks within each bucket weighted by a factor score. GSEU was launched on Mar 2, 2016 and is managed by Goldman Sachs.