Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Short Interest Down 41.7% in April

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 51,695 shares, a decrease of 41.7% from the April 15th total of 88,692 shares. Based on an average daily volume of 360,675 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Price Performance

NYSEARCA GSLC traded up $0.05 during mid-day trading on Monday, hitting $140.05. The stock had a trading volume of 211,653 shares, compared to its average volume of 338,879. The firm’s 50 day moving average is $132.03 and its 200 day moving average is $132.18. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $113.27 and a twelve month high of $141.91. The stock has a market capitalization of $15.35 billion, a price-to-earnings ratio of 24.08 and a beta of 0.99.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Quest 10 Wealth Builders Inc. acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter valued at $26,000. EPG Wealth Management LLC acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 4th quarter valued at $27,000. Tsfg LLC raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 112.5% in the 4th quarter. Tsfg LLC now owns 204 shares of the company’s stock valued at $27,000 after purchasing an additional 108 shares during the last quarter. Longview Financial Advisors Inc. acquired a new position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 1st quarter valued at $29,000. Finally, Sunbelt Securities Inc. raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 163.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 263 shares of the company’s stock valued at $34,000 after purchasing an additional 163 shares during the last quarter.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Company Profile

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.