Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) Short Interest Down 89.8% in January

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 24,163 shares, a decrease of 89.8% from the January 15th total of 237,086 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 22,340 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 22,340 shares, the short-interest ratio is currently 1.1 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. increased its holdings in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 18.1% during the second quarter. Osaic Holdings Inc. now owns 2,975 shares of the company’s stock valued at $172,000 after purchasing an additional 457 shares during the period. Consolidated Portfolio Review Corp bought a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the 3rd quarter valued at about $210,000. Syntegra Private Wealth Group LLC acquired a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the 2nd quarter valued at about $224,000. Perigon Wealth Management LLC bought a new stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the 4th quarter worth about $245,000. Finally, World Investment Advisors bought a new stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the 4th quarter worth about $304,000.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Stock Performance

Shares of NYSEARCA:GGUS traded down $0.32 during trading hours on Wednesday, hitting $61.90. The stock had a trading volume of 3,418 shares, compared to its average volume of 31,167. The stock’s fifty day simple moving average is $63.48 and its 200 day simple moving average is $62.74. The firm has a market capitalization of $377.57 million, a price-to-earnings ratio of 35.28 and a beta of 1.17. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a 1-year low of $43.64 and a 1-year high of $66.12.

About Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

The Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest growth characteristics based on Russells style methodology. GGUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.