Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) Sees Large Decline in Short Interest

Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJYGet Free Report) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 4,439 shares, a decrease of 42.1% from the June 30th total of 7,665 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 4,131 shares, the short-interest ratio is currently 1.1 days.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta Japan Equity ETF

A number of hedge funds have recently added to or reduced their stakes in GSJY. Wealthfront Advisers LLC raised its stake in Goldman Sachs ActiveBeta Japan Equity ETF by 10.8% in the fourth quarter. Wealthfront Advisers LLC now owns 5,139 shares of the company’s stock worth $239,000 after buying an additional 502 shares in the last quarter. Jane Street Group LLC boosted its holdings in Goldman Sachs ActiveBeta Japan Equity ETF by 56.1% during the first quarter. Jane Street Group LLC now owns 95,107 shares of the company’s stock worth $3,661,000 after buying an additional 34,188 shares in the last quarter. Finally, Betterment LLC increased its stake in shares of Goldman Sachs ActiveBeta Japan Equity ETF by 0.8% in the 4th quarter. Betterment LLC now owns 1,069,668 shares of the company’s stock valued at $49,836,000 after purchasing an additional 8,226 shares in the last quarter.

Goldman Sachs ActiveBeta Japan Equity ETF Stock Performance

Shares of GSJY traded down $0.24 during mid-day trading on Wednesday, reaching $50.78. The stock had a trading volume of 2,679 shares, compared to its average volume of 7,402. The firm has a market cap of $81.25 million, a price-to-earnings ratio of 14.30 and a beta of 0.64. The business has a fifty day moving average of $52.28 and a 200 day moving average of $51.07. Goldman Sachs ActiveBeta Japan Equity ETF has a 12 month low of $41.34 and a 12 month high of $54.86.

About Goldman Sachs ActiveBeta Japan Equity ETF

(Get Free Report)

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.

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