Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Sees Significant Increase in Short Interest

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 1,367 shares, a growth of 90.1% from the February 12th total of 719 shares. Based on an average trading volume of 9,737 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 9,737 shares, the days-to-cover ratio is currently 0.1 days.

Goldman Sachs ActiveBeta Europe Equity ETF Stock Down 1.3%

NYSEARCA:GSEU traded down $0.61 on Thursday, reaching $45.44. 13,147 shares of the company’s stock were exchanged, compared to its average volume of 18,153. The firm has a market capitalization of $118.14 million, a price-to-earnings ratio of 15.76 and a beta of 0.91. The business has a fifty day moving average of $47.43 and a 200-day moving average of $45.17. Goldman Sachs ActiveBeta Europe Equity ETF has a 52-week low of $34.09 and a 52-week high of $50.08.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta Europe Equity ETF

Large investors have recently added to or reduced their stakes in the business. SHP Wealth Management purchased a new stake in Goldman Sachs ActiveBeta Europe Equity ETF during the 4th quarter worth approximately $74,000. Western Wealth Management LLC purchased a new position in Goldman Sachs ActiveBeta Europe Equity ETF in the 2nd quarter valued at approximately $202,000. Founders Financial Securities LLC acquired a new position in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the fourth quarter worth $209,000. Legacy Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the third quarter worth $227,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the third quarter worth $313,000.

Goldman Sachs ActiveBeta Europe Equity ETF Company Profile

The Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed Europe large- and mid-cap equities, with equal weights to each of four factor buckets and stocks within each bucket weighted by a factor score. GSEU was launched on Mar 2, 2016 and is managed by Goldman Sachs.