Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) Short Interest Up 143.0% in August

Goldman Sachs Future Health Care Equity ETF (NYSEARCA:GDOC) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 260 shares, a growth of 143.0% from the August 15th total of 107 shares. Based on an average daily trading volume, of 622 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

Goldman Sachs Future Health Care Equity ETF Trading Up 1.0%

GDOC traded up $0.38 on Monday, hitting $36.70. 3,346 shares of the company’s stock were exchanged, compared to its average volume of 1,853. The stock has a fifty day moving average of $36.79 and a two-hundred day moving average of $34.44. Goldman Sachs Future Health Care Equity ETF has a twelve month low of $31.32 and a twelve month high of $38.66. The firm has a market cap of $18.35 million, a PE ratio of 28.36 and a beta of 0.75.

Institutional Trading of Goldman Sachs Future Health Care Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in GDOC. TD Waterhouse Canada Inc. acquired a new position in Goldman Sachs Future Health Care Equity ETF during the 2nd quarter valued at approximately $109,000. NewEdge Advisors LLC acquired a new stake in Goldman Sachs Future Health Care Equity ETF in the second quarter worth $303,000. Finally, Citadel Advisors LLC increased its position in Goldman Sachs Future Health Care Equity ETF by 42.2% in the second quarter. Citadel Advisors LLC now owns 29,421 shares of the company’s stock worth $1,061,000 after buying an additional 8,729 shares during the period.

About Goldman Sachs Future Health Care Equity ETF

The Goldman Sachs Future Health Care Equity ETF (GDOC) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed to provide exposure to equities of companies that are driving innovation in healthcare globally. GDOC was launched on Nov 9, 2021 and is managed by Goldman Sachs.