Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) Stock Short Interest Falls 37.3%

Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 10,404 shares, a drop of 37.3% from the August 31st total of 16,591 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 15,137 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its stake in Goldman Sachs Small Cap Core Equity ETF by 710.7% in the second quarter. Envestnet Asset Management Inc. now owns 855,549 shares of the company’s stock valued at $59,230,000 after purchasing an additional 750,016 shares during the period. Sanctuary Advisors LLC raised its stake in Goldman Sachs Small Cap Core Equity ETF by 31.6% during the 1st quarter. Sanctuary Advisors LLC now owns 116,032 shares of the company’s stock valued at $6,339,000 after acquiring an additional 27,885 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in Goldman Sachs Small Cap Core Equity ETF during the 2nd quarter worth approximately $5,734,000. Compass Capital Corp MA ADV grew its stake in shares of Goldman Sachs Small Cap Core Equity ETF by 1.6% in the 4th quarter. Compass Capital Corp MA ADV now owns 52,662 shares of the company’s stock valued at $3,168,000 after purchasing an additional 827 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of Goldman Sachs Small Cap Core Equity ETF in the 2nd quarter valued at approximately $763,000.

Goldman Sachs Small Cap Core Equity ETF Stock Performance

NYSEARCA GSC traded down $0.22 on Thursday, reaching $61.68. The stock had a trading volume of 19,586 shares, compared to its average volume of 19,067. The stock has a market cap of $271.39 million, a P/E ratio of 22.22 and a beta of 1.06. Goldman Sachs Small Cap Core Equity ETF has a 12-month low of $50.70 and a 12-month high of $69.87. The business’s 50-day moving average price is $65.18 and its 200 day moving average price is $62.78.

Goldman Sachs Small Cap Core Equity ETF Company Profile

The Goldman Sachs Small Cap Core Equity ETF (GSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed ETF that invests in small-cap companies. The fund tilts towards US companies but may still invest in securities from other countries, including emerging markets. GSC was launched on Oct 3, 2023 and is issued by Goldman Sachs.