Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Stock Short Interest Climbs 3,070.8%

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS – Get Free Report) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 707,595 shares, an increase of 3,070.8% from the October 15th total of 22,316 shares. Based on an average daily trading volume, of 142,184 shares, the short-interest ratio is currently 5.0 days. Approximately 2.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Brown Lisle Cummings Inc. raised its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 207.2% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 808 shares of the company’s stock valued at $85,000 after purchasing an additional 545 shares during the period. Fifth Third Bancorp bought a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the first quarter worth approximately $120,000. Gateway Wealth Partners LLC bought a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 1st quarter valued at $219,000. Moors & Cabot Inc. bought a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 3rd quarter worth approximately $407,000. Finally, Kestra Advisory Services LLC lifted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 9.4% during the 1st quarter. Kestra Advisory Services LLC now owns 6,425 shares of the company’s stock worth $576,000 after buying an additional 552 shares during the last quarter.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

GSUS opened at $104.97 on Thursday. The business’s 50-day moving average price is $105.80 and its two-hundred day moving average price is $100.94. Goldman Sachs MarketBeta U.S. Equity ETF has a 1 year low of $86.68 and a 1 year high of $108.19. The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

(Get Free Report)

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.

Further Reading

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