Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) Short Interest Down 42.1% in July

Goldman Sachs ActiveBeta Japan Equity ETF (NYSEARCA:GSJY) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 4,439 shares, a decline of 42.1% from the June 30th total of 7,665 shares. Based on an average daily volume of 4,131 shares, the short-interest ratio is presently 1.1 days. Currently, 0.3% of the shares of the stock are sold short.

Goldman Sachs ActiveBeta Japan Equity ETF Price Performance

NYSEARCA GSJY traded up $2.11 during trading hours on Thursday, reaching $52.95. The company’s stock had a trading volume of 1,817 shares, compared to its average volume of 7,371. The firm has a market capitalization of $84.72 million, a price-to-earnings ratio of 14.30 and a beta of 0.64. The company’s 50-day moving average is $52.27 and its two-hundred day moving average is $51.09. Goldman Sachs ActiveBeta Japan Equity ETF has a 1-year low of $41.34 and a 1-year high of $54.86.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in GSJY. Wealthfront Advisers LLC grew its stake in Goldman Sachs ActiveBeta Japan Equity ETF by 10.8% in the 4th quarter. Wealthfront Advisers LLC now owns 5,139 shares of the company’s stock valued at $239,000 after acquiring an additional 502 shares during the period. Jane Street Group LLC raised its position in Goldman Sachs ActiveBeta Japan Equity ETF by 56.1% during the first quarter. Jane Street Group LLC now owns 95,107 shares of the company’s stock worth $3,661,000 after acquiring an additional 34,188 shares during the period. Finally, Betterment LLC raised its position in Goldman Sachs ActiveBeta Japan Equity ETF by 0.8% during the fourth quarter. Betterment LLC now owns 1,069,668 shares of the company’s stock worth $49,836,000 after acquiring an additional 8,226 shares during the period.

Goldman Sachs ActiveBeta Japan Equity ETF Company Profile

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.