Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) Shares Shorted: Short Interest Down 52.2% in September

Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 6,173 shares, a drop of 52.2% from the August 31st total of 12,912 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 32,714 shares, the short-interest ratio is currently 0.2 days.

Genter Capital Taxable Quality Intermediate ETF Price Performance

NYSEARCA:GENT remained flat at $9.90 during mid-day trading on Wednesday. 37,893 shares of the company were exchanged, compared to its average volume of 34,387. Genter Capital Taxable Quality Intermediate ETF has a 52 week low of $9.87 and a 52 week high of $10.95. The business’s 50-day simple moving average is $10.11 and its two-hundred day simple moving average is $10.21. The stock has a market capitalization of $105.53 million, a price-to-earnings ratio of 20.20 and a beta of 0.06.

Hedge Funds Weigh In On Genter Capital Taxable Quality Intermediate ETF

A hedge fund recently raised its stake in Genter Capital Taxable Quality Intermediate ETF stock. Bank of New York Mellon Corp boosted its stake in shares of Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) by 44.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,607,556 shares of the company’s stock after buying an additional 1,105,927 shares during the period. Bank of New York Mellon Corp owned 40.17% of Genter Capital Taxable Quality Intermediate ETF worth $37,032,000 as of its most recent filing with the Securities & Exchange Commission. 53.53% of the stock is currently owned by institutional investors.

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.