Short Interest in Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) Decreases By 27.0%

Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 271 shares, a drop of 27.0% from the March 15th total of 371 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 13,452 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta Japan Equity ETF

Institutional investors have recently added to or reduced their stakes in the company. Betterment LLC grew its holdings in Goldman Sachs ActiveBeta Japan Equity ETF by 6.9% during the 3rd quarter. Betterment LLC now owns 1,061,442 shares of the company’s stock valued at $47,871,000 after buying an additional 68,292 shares in the last quarter. Wealthfront Advisers LLC grew its holdings in Goldman Sachs ActiveBeta Japan Equity ETF by 10.8% during the 4th quarter. Wealthfront Advisers LLC now owns 5,139 shares of the company’s stock valued at $239,000 after buying an additional 502 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in Goldman Sachs ActiveBeta Japan Equity ETF by 56.1% during the 1st quarter. Jane Street Group LLC now owns 95,107 shares of the company’s stock valued at $3,661,000 after buying an additional 34,188 shares in the last quarter.

Goldman Sachs ActiveBeta Japan Equity ETF Stock Up 0.3%

NYSEARCA GSJY traded up $0.15 during trading on Thursday, hitting $51.32. 5,597 shares of the stock traded hands, compared to its average volume of 9,712. The company has a market capitalization of $82.11 million, a P/E ratio of 14.30 and a beta of 0.64. The firm has a 50-day simple moving average of $50.50 and a 200-day simple moving average of $48.23. Goldman Sachs ActiveBeta Japan Equity ETF has a 12-month low of $37.78 and a 12-month high of $54.30.

About Goldman Sachs ActiveBeta Japan Equity ETF

The Goldman Sachs ActiveBeta Japan Equity ETF (GSJY) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of Japanese large- and mid-cap equities, with equal weights to each of 4 factor buckets and stocks within each bucket weighted by a factor score. GSJY was launched on Mar 2, 2016 and is managed by Goldman Sachs.