Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) Sees Large Decrease in Short Interest

Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 5,158 shares, a drop of 42.0% from the May 14th total of 8,891 shares. Based on an average trading volume of 35,075 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Genter Capital Taxable Quality Intermediate ETF Price Performance

Shares of GENT stock traded up $0.04 during mid-day trading on Monday, hitting $10.27. The stock had a trading volume of 124,222 shares, compared to its average volume of 35,873. Genter Capital Taxable Quality Intermediate ETF has a fifty-two week low of $10.12 and a fifty-two week high of $10.95. The firm has a market cap of $92.22 million, a PE ratio of 20.96 and a beta of 0.05. The company’s 50-day simple moving average is $10.27 and its 200-day simple moving average is $10.34.

Institutional Trading of Genter Capital Taxable Quality Intermediate ETF

An institutional investor recently raised its position in Genter Capital Taxable Quality Intermediate ETF stock. Bank of New York Mellon Corp raised its position in Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) by 49.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,501,629 shares of the company’s stock after acquiring an additional 831,507 shares during the period. Bank of New York Mellon Corp owned approximately 31.99% of Genter Capital Taxable Quality Intermediate ETF worth $25,967,000 at the end of the most recent reporting period. Institutional investors own 53.53% of the company’s stock.

Genter Capital Taxable Quality Intermediate ETF Company Profile

The Genter Capital Taxable Quality Intermediate ETF (GENT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed basket of taxable, intermediate-term fixed income instruments with investment grade rating. It seeks total return and current income from both US and foreign securities. GENT was launched on May 10, 2024 and is issued by Genter Capital.