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

Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 2,583 shares, a growth of 1,074.1% from the August 15th total of 220 shares. Based on an average daily volume of 18,743 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the company’s shares are short sold.

Goldman Sachs ActiveBeta Japan Equity ETF Stock Performance

NYSEARCA:GSJY traded down $0.28 during trading hours on Thursday, reaching $55.23. The company’s stock had a trading volume of 4,167 shares, compared to its average volume of 8,545. The firm has a market capitalization of $88.37 million, a price-to-earnings ratio of 14.30 and a beta of 0.65. The firm has a 50-day simple moving average of $53.74 and a 200-day simple moving average of $51.97. Goldman Sachs ActiveBeta Japan Equity ETF has a 1 year low of $43.73 and a 1 year high of $56.34.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Citadel Advisors LLC purchased a new position in shares of Goldman Sachs ActiveBeta Japan Equity ETF in the second quarter worth about $1,542,000. Integrated Wealth Concepts LLC purchased a new stake in Goldman Sachs ActiveBeta Japan Equity ETF during the 2nd quarter valued at about $145,000. Betterment LLC boosted its holdings in Goldman Sachs ActiveBeta Japan Equity ETF by 0.8% during the 4th quarter. Betterment LLC now owns 1,069,668 shares of the company’s stock valued at $49,836,000 after acquiring an additional 8,226 shares during the period. Jane Street Group LLC boosted 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 acquiring an additional 34,188 shares during the period. Finally, Wealthfront Advisers LLC grew its position in Goldman Sachs ActiveBeta Japan Equity ETF by 5.0% during the 1st quarter. Wealthfront Advisers LLC now owns 5,397 shares of the company’s stock worth $263,000 after acquiring an additional 258 shares during the last quarter.

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.