Goldman Sachs JUST U.S. Large Cap Equity ETF (NYSEARCA:JUST) Sees Large Decline in Short Interest

Goldman Sachs JUST U.S. Large Cap Equity ETF (NYSEARCA:JUST) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 991 shares, a drop of 92.8% from the August 15th total of 13,780 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 4,717 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Sincerus Advisory LLC raised its position in Goldman Sachs JUST U.S. Large Cap Equity ETF by 0.8% in the 2nd quarter. Sincerus Advisory LLC now owns 12,981 shares of the company’s stock valued at $1,385,000 after buying an additional 100 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Goldman Sachs JUST U.S. Large Cap Equity ETF by 0.8% in the first quarter. Royal Bank of Canada now owns 19,443 shares of the company’s stock valued at $1,546,000 after purchasing an additional 157 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of Goldman Sachs JUST U.S. Large Cap Equity ETF by 3.7% in the second quarter. Raymond James Financial Inc. now owns 11,212 shares of the company’s stock valued at $986,000 after purchasing an additional 397 shares during the last quarter. Harbor Investment Advisory LLC bought a new position in shares of Goldman Sachs JUST U.S. Large Cap Equity ETF during the first quarter valued at about $46,000. Finally, UBS Group AG boosted its holdings in Goldman Sachs JUST U.S. Large Cap Equity ETF by 1.3% during the fourth quarter. UBS Group AG now owns 44,216 shares of the company’s stock worth $4,275,000 after purchasing an additional 573 shares during the last quarter.

Goldman Sachs JUST U.S. Large Cap Equity ETF Trading Down 0.6%

Shares of JUST traded down $0.63 on Thursday, reaching $108.67. The company’s stock had a trading volume of 7,983 shares, compared to its average volume of 6,793. The stock has a market capitalization of $565.08 million, a PE ratio of 24.96 and a beta of 1.00. Goldman Sachs JUST U.S. Large Cap Equity ETF has a twelve month low of $89.86 and a twelve month high of $111.97. The firm has a fifty day moving average of $108.95 and a 200-day moving average of $103.81.

Goldman Sachs JUST U.S. Large Cap Equity ETF Company Profile

The Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST) is an exchange-traded fund that is based on the JUST US Large Cap Diversified index. The fund tracks a tier-weighted index of US-listed large-cap stocks selected based on a survey-based assessment of business behavior. JUST was launched on Jun 7, 2018 and is managed by Goldman Sachs.