Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Sees Large Decrease in Short Interest

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 60,167 shares, a decrease of 67.3% from the January 15th total of 183,751 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 464,794 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 464,794 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Transce3nd LLC bought a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the second quarter worth about $26,000. Quest 10 Wealth Builders Inc. bought a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the fourth quarter valued at $26,000. IMA Advisory Services Inc. purchased a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the second quarter worth $27,000. EPG Wealth Management LLC bought a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the fourth quarter valued at $27,000. Finally, Tsfg LLC grew its stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% during the 4th quarter. Tsfg LLC now owns 204 shares of the company’s stock worth $27,000 after acquiring an additional 108 shares during the period.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Down 0.0%

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF stock traded down $0.06 during mid-day trading on Wednesday, reaching $133.40. 108,750 shares of the company’s stock were exchanged, compared to its average volume of 353,416. The business’s fifty day simple moving average is $133.17 and its 200 day simple moving average is $130.25. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a one year low of $94.88 and a one year high of $134.87. The firm has a market capitalization of $14.81 billion, a PE ratio of 24.08 and a beta of 0.99.

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. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.