Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Significant Decline in Short Interest

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 2,699 shares, a decline of 45.4% from the June 30th total of 4,946 shares. Based on an average daily trading volume, of 337 shares, the days-to-cover ratio is presently 8.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Goldman Sachs MarketBeta US 1000 Equity ETF

A hedge fund recently bought a new position in Goldman Sachs MarketBeta US 1000 Equity ETF stock. Fiduciary Advisors Inc. acquired a new position in shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,471 shares of the company’s stock, valued at approximately $87,000.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Up 0.8%

Shares of Goldman Sachs MarketBeta US 1000 Equity ETF stock traded up $0.51 during trading hours on Friday, hitting $64.62. 24 shares of the company’s stock traded hands, compared to its average volume of 842. The stock has a 50 day simple moving average of $64.48 and a 200-day simple moving average of $61.46. The company has a market cap of $2.33 billion, a PE ratio of 25.67 and a beta of 1.01. Goldman Sachs MarketBeta US 1000 Equity ETF has a twelve month low of $53.98 and a twelve month high of $65.66.

Goldman Sachs MarketBeta US 1000 Equity ETF Company Profile

The Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) is an exchange-traded fund that is based on the Solactive GBS United States 1000 index. The fund tracks an index of 1,000 US large-cap companies selected and weighted by market-cap. GUSA was launched on Apr 5, 2022 and is managed by Goldman Sachs.