Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Short Interest Update

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 29,923 shares, a decrease of 77.0% from the April 15th total of 130,095 shares. Based on an average daily trading volume, of 116,770 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On Goldman Sachs MarketBeta U.S. Equity ETF

Several large investors have recently added to or reduced their stakes in GSUS. CWM LLC lifted its position in Goldman Sachs MarketBeta U.S. Equity ETF by 76.7% during the third quarter. CWM LLC now owns 318 shares of the company’s stock worth $29,000 after buying an additional 138 shares during the period. Qube Research & Technologies Ltd purchased a new position in Goldman Sachs MarketBeta U.S. Equity ETF during the second quarter worth about $42,000. Oak Harbor Wealth Partners LLC purchased a new position in Goldman Sachs MarketBeta U.S. Equity ETF during the fourth quarter worth about $51,000. O Shaughnessy Asset Management LLC lifted its position in Goldman Sachs MarketBeta U.S. Equity ETF by 156.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 796 shares of the company’s stock worth $75,000 after buying an additional 486 shares during the period. Finally, Fifth Third Bancorp purchased a new position in Goldman Sachs MarketBeta U.S. Equity ETF during the first quarter worth about $120,000.

Goldman Sachs MarketBeta U.S. Equity ETF Trading Up 0.8%

BATS GSUS opened at $103.21 on Friday. The business’s 50-day moving average price is $94.70 and its 200 day moving average price is $94.59. Goldman Sachs MarketBeta U.S. Equity ETF has a twelve month low of $79.61 and a twelve month high of $103.38. The company has a market capitalization of $3.15 billion, a PE ratio of 26.28 and a beta of 1.02.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

The Goldman Sachs MarketBeta US Equity ETF (GSUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market capitalization. GSUS was launched on May 12, 2020 and is managed by Goldman Sachs.