Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Short Interest Up 270.2% in April

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 34,670 shares, a growth of 270.2% from the March 31st total of 9,364 shares. Based on an average trading volume of 19,331 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.0% of the company’s shares are short sold.

Natixis Gateway Quality Income ETF Trading Up 0.6%

GQI stock traded up $0.33 during mid-day trading on Friday, reaching $57.62. The company’s stock had a trading volume of 9,125 shares, compared to its average volume of 27,527. The business’s 50 day moving average price is $56.40 and its 200 day moving average price is $56.71. Natixis Gateway Quality Income ETF has a 12 month low of $50.04 and a 12 month high of $58.65. The company has a market cap of $192.45 million, a price-to-earnings ratio of 26.77 and a beta of 0.78.

Natixis Gateway Quality Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Monday, March 2nd were given a $0.4179 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 8.7%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of GQI. Quattro Advisors LLC purchased a new position in shares of Natixis Gateway Quality Income ETF during the 4th quarter valued at $92,000. NewEdge Advisors LLC purchased a new position in shares of Natixis Gateway Quality Income ETF during the 1st quarter valued at $126,000. Kestra Advisory Services LLC purchased a new position in shares of Natixis Gateway Quality Income ETF during the 4th quarter valued at $167,000. Private Trust Co. NA lifted its position in shares of Natixis Gateway Quality Income ETF by 267.8% during the 4th quarter. Private Trust Co. NA now owns 3,645 shares of the company’s stock valued at $208,000 after buying an additional 2,654 shares during the last quarter. Finally, Claro Advisors Inc. purchased a new position in shares of Natixis Gateway Quality Income ETF during the 4th quarter valued at $215,000.

About Natixis Gateway Quality Income ETF

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.