Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Stock Short Interest Declines 80.0%

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) was the target of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 10,019 shares, a decline of 80.0% from the October 15th total of 50,147 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 195,629 shares, the days-to-cover ratio is presently 0.1 days.

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

Shares of GSLC stock traded up $0.05 during trading hours on Thursday, hitting $145.51. The stock had a trading volume of 65,245 shares, compared to its average volume of 293,230. The firm has a market capitalization of $15.07 billion, a PE ratio of 21.82 and a beta of 0.99. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has a twelve month low of $121.12 and a twelve month high of $148.93. The stock’s 50 day moving average is $145.97 and its 200 day moving average is $139.74.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Financial Management Professionals Inc. acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the 3rd quarter valued at about $115,495,000. Envestnet Asset Management Inc. grew its position in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 18.8% during the second quarter. Envestnet Asset Management Inc. now owns 3,182,271 shares of the company’s stock valued at $451,532,000 after acquiring an additional 503,551 shares during the period. HighTower Advisors LLC acquired a new stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 3rd quarter worth approximately $64,703,000. Droms Strauss Advisors Inc. MO ADV acquired a new position in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF during the 3rd quarter valued at $52,869,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF in the third quarter worth about $46,382,000.

About Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

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.