Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC) Stock Short Interest Drops 37.3%

by · The Markets Daily

Goldman Sachs Small Cap Core Equity ETF (NYSEARCA:GSC – Get Free Report) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 10,404 shares, a drop of 37.3% from the August 31st total of 16,591 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 15,137 shares, the short-interest ratio is currently 0.7 days.

Goldman Sachs Small Cap Core Equity ETF Trading Up 1.6%

Goldman Sachs Small Cap Core Equity ETF stock traded up $1.02 during mid-day trading on Friday, hitting $63.34. 42,100 shares of the company’s stock were exchanged, compared to its average volume of 19,109. The stock has a market cap of $285.05 million, a P/E ratio of 22.22 and a beta of 1.08. The stock has a 50 day moving average of $65.10 and a two-hundred day moving average of $62.84. Goldman Sachs Small Cap Core Equity ETF has a 1-year low of $50.70 and a 1-year high of $69.87.

Hedge Funds Weigh In On Goldman Sachs Small Cap Core Equity ETF

Hedge funds have recently modified their holdings of the company. Envestnet Asset Management Inc. raised its holdings in shares of Goldman Sachs Small Cap Core Equity ETF by 710.7% in the second quarter. Envestnet Asset Management Inc. now owns 855,549 shares of the company’s stock worth $59,230,000 after buying an additional 750,016 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in Goldman Sachs Small Cap Core Equity ETF in the second quarter valued at approximately $5,734,000. Sanctuary Advisors LLC grew its position in Goldman Sachs Small Cap Core Equity ETF by 31.6% during the first quarter. Sanctuary Advisors LLC now owns 116,032 shares of the company’s stock worth $6,339,000 after buying an additional 27,885 shares during the period. Vise Technologies Inc. acquired a new position in Goldman Sachs Small Cap Core Equity ETF in the fourth quarter valued at $689,000. Finally, Citadel Advisors LLC acquired a new stake in Goldman Sachs Small Cap Core Equity ETF during the second quarter worth about $763,000.

Goldman Sachs Small Cap Core Equity ETF Company Profile

(Get Free Report)

The Goldman Sachs Small Cap Core Equity ETF (GSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed ETF that invests in small-cap companies. The fund tilts towards US companies but may still invest in securities from other countries, including emerging markets. GSC was launched on Oct 3, 2023 and is issued by Goldman Sachs.

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