Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Short Interest Down 76.7% in February

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) was the target of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 2,111 shares, a decrease of 76.7% from the February 12th total of 9,045 shares. Based on an average trading volume of 10,187 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 10,187 shares, the short-interest ratio is currently 0.2 days.

Natixis Gateway Quality Income ETF Stock Performance

NYSEARCA GQI traded up $0.06 during trading hours on Tuesday, hitting $56.79. 12,239 shares of the company traded hands, compared to its average volume of 32,577. The business’s 50-day moving average is $57.49 and its 200-day moving average is $56.56. The stock has a market capitalization of $178.89 million, a price-to-earnings ratio of 26.77 and a beta of 0.79. Natixis Gateway Quality Income ETF has a twelve month low of $44.86 and a twelve month high of $58.65.

Natixis Gateway Quality Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Monday, March 2nd were issued a dividend of $0.4179 per share. This represents a c) dividend on an annualized basis and a yield of 8.8%. The ex-dividend date was Monday, March 2nd.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC raised its holdings in shares of Natixis Gateway Quality Income ETF by 106.3% in the 4th quarter. NewEdge Advisors LLC now owns 5,155 shares of the company’s stock valued at $294,000 after purchasing an additional 2,656 shares during the period. Claro Advisors Inc. acquired a new stake in Natixis Gateway Quality Income ETF during the 4th quarter valued at $215,000. Equitable Holdings Inc. boosted its position in Natixis Gateway Quality Income ETF by 65.9% during the fourth quarter. Equitable Holdings Inc. now owns 10,609 shares of the company’s stock worth $605,000 after purchasing an additional 4,216 shares during the period. Osaic Holdings Inc. increased its holdings in shares of Natixis Gateway Quality Income ETF by 0.5% in the fourth quarter. Osaic Holdings Inc. now owns 42,882 shares of the company’s stock valued at $2,447,000 after purchasing an additional 202 shares during the last quarter. Finally, Captrust Financial Advisors acquired a new position in shares of Natixis Gateway Quality Income ETF in the fourth quarter valued at $305,000.

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.