Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Stock Short Interest Jumps 445.8%

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 39,742 shares, a growth of 445.8% from the August 31st total of 7,281 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 148,277 shares, the short-interest ratio is presently 0.3 days.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Performance

Shares of BATS:GSUS opened at $106.23 on Friday. Goldman Sachs MarketBeta U.S. Equity ETF has a one year low of $86.68 and a one year high of $107.67. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02. The company has a 50-day simple moving average of $105.26 and a 200-day simple moving average of $101.05.

Institutional Investors Weigh In On Goldman Sachs MarketBeta U.S. Equity ETF

Large investors have recently modified their holdings of the stock. LPL Financial LLC increased its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 5.6% in the fourth quarter. LPL Financial LLC now owns 5,951,529 shares of the company’s stock valued at $561,824,000 after buying an additional 314,313 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 3,192,043 shares of the company’s stock worth $329,100,000 after purchasing an additional 95,147 shares during the period. Principal Securities Inc. lifted its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 3.8% during the fourth quarter. Principal Securities Inc. now owns 1,180,477 shares of the company’s stock valued at $111,437,000 after purchasing an additional 42,793 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 3.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 758,721 shares of the company’s stock valued at $78,224,000 after purchasing an additional 28,471 shares during the last quarter. Finally, CoreCap Advisors LLC boosted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 5.9% in the 2nd quarter. CoreCap Advisors LLC now owns 519,850 shares of the company’s stock valued at $53,596,000 after purchasing an additional 29,082 shares during the period.

About Goldman Sachs MarketBeta U.S. Equity ETF

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.