Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Sees Large Increase in Short Interest

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 9,045 shares, a growth of 178.6% from the January 29th total of 3,247 shares. Based on an average daily volume of 14,371 shares, the short-interest ratio is currently 0.6 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 14,371 shares, the short-interest ratio is currently 0.6 days.

Natixis Gateway Quality Income ETF Price Performance

Shares of NYSEARCA GQI traded down $0.03 during midday trading on Friday, reaching $57.66. The company’s stock had a trading volume of 8,017 shares, compared to its average volume of 35,688. The stock has a market capitalization of $181.63 million, a P/E ratio of 26.77 and a beta of 0.79. Natixis Gateway Quality Income ETF has a 12-month low of $44.86 and a 12-month high of $58.65. The firm has a 50 day moving average price of $57.57 and a 200-day moving average price of $56.43.

Natixis Gateway Quality Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Investors of record on Monday, February 2nd were issued a $0.4736 dividend. This represents a c) dividend on an annualized basis and a yield of 9.9%. The ex-dividend date was Monday, February 2nd. This is an increase from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.42.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of GQI. Quattro Advisors LLC purchased a new position in Natixis Gateway Quality Income ETF in the 4th quarter worth about $92,000. NewEdge Advisors LLC purchased a new position in shares of Natixis Gateway Quality Income ETF during the first quarter valued at approximately $126,000. Kestra Advisory Services LLC bought a new position in Natixis Gateway Quality Income ETF during the fourth quarter valued at approximately $167,000. Private Trust Co. NA boosted its holdings in Natixis Gateway Quality Income ETF by 267.8% in the fourth quarter. Private Trust Co. NA now owns 3,645 shares of the company’s stock worth $208,000 after purchasing an additional 2,654 shares during the last quarter. Finally, Claro Advisors Inc. bought a new stake in Natixis Gateway Quality Income ETF in the 4th quarter worth approximately $215,000.

Natixis Gateway Quality Income ETF Company Profile

The Natixis Gateway Quality Income ETF (GQI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming for total returns by investing in US large- and mid-cap stocks deemed high-quality while enhancing income through ELNs. GQI was launched on Dec 13, 2023 and is issued by Natixis.