Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) Short Interest Down 74.6% in February

Goldman Sachs ActiveBeta Europe Equity ETF (NYSEARCA:GSEU) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 719 shares, a drop of 74.6% from the January 29th total of 2,829 shares. Based on an average daily volume of 12,321 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 12,321 shares, the short-interest ratio is presently 0.1 days.

Goldman Sachs ActiveBeta Europe Equity ETF Stock Performance

GSEU traded down $0.18 on Friday, hitting $49.09. 7,442 shares of the company were exchanged, compared to its average volume of 18,150. Goldman Sachs ActiveBeta Europe Equity ETF has a fifty-two week low of $34.09 and a fifty-two week high of $50.08. The firm has a market capitalization of $127.63 million, a P/E ratio of 15.76 and a beta of 0.91. The business’s fifty day moving average is $47.31 and its 200 day moving average is $44.97.

Hedge Funds Weigh In On Goldman Sachs ActiveBeta Europe Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Founders Financial Securities LLC purchased a new stake in Goldman Sachs ActiveBeta Europe Equity ETF during the fourth quarter worth $209,000. Western Wealth Management LLC acquired a new position in shares of Goldman Sachs ActiveBeta Europe Equity ETF during the 2nd quarter worth $202,000. Legacy Advisors LLC purchased a new position in Goldman Sachs ActiveBeta Europe Equity ETF during the third quarter worth $227,000. Wealthfront Advisers LLC raised its holdings in shares of Goldman Sachs ActiveBeta Europe Equity ETF by 69.1% in the second quarter. Wealthfront Advisers LLC now owns 13,456 shares of the company’s stock worth $570,000 after acquiring an additional 5,497 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Europe Equity ETF in the third quarter valued at $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.