Short Interest in Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Expands By 127.4%

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 36,391 shares, a growth of 127.4% from the August 15th total of 16,004 shares. Based on an average trading volume of 21,184 shares, the short-interest ratio is currently 1.7 days. Approximately 0.8% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in GQI. Integrated Wealth Concepts LLC bought a new position in Natixis Gateway Quality Income ETF during the second quarter valued at $36,000. Gateway Wealth Partners LLC bought a new stake in Natixis Gateway Quality Income ETF during the first quarter worth approximately $225,000. AGH Wealth Advisors LLC raised its position in Natixis Gateway Quality Income ETF by 14.2% during the first quarter. AGH Wealth Advisors LLC now owns 4,349 shares of the company’s stock valued at $239,000 after purchasing an additional 540 shares during the period. Kestra Advisory Services LLC lifted its stake in shares of Natixis Gateway Quality Income ETF by 65.0% in the 1st quarter. Kestra Advisory Services LLC now owns 4,817 shares of the company’s stock valued at $264,000 after purchasing an additional 1,898 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in shares of Natixis Gateway Quality Income ETF by 10.9% in the 1st quarter. Private Advisor Group LLC now owns 5,083 shares of the company’s stock valued at $279,000 after purchasing an additional 500 shares during the last quarter.

Natixis Gateway Quality Income ETF Trading Down 0.3%

Shares of GQI traded down $0.20 during trading hours on Tuesday, reaching $59.81. 20,250 shares of the stock traded hands, compared to its average volume of 28,661. The company has a market cap of $266.76 million, a P/E ratio of 26.77 and a beta of 0.72. The company’s 50-day moving average price is $59.89 and its two-hundred day moving average price is $58.31. Natixis Gateway Quality Income ETF has a 52-week low of $53.47 and a 52-week high of $60.88.

Natixis Gateway Quality Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, August 4th. Investors of record on Monday, August 3rd were paid a dividend of $0.5233 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a yield of 10.5%.

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.