Short Interest in Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Rises By 43.7%

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 11,681 shares, a growth of 43.7% from the December 15th total of 8,131 shares. Based on an average trading volume of 7,712 shares, the short-interest ratio is presently 1.5 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 7,712 shares, the short-interest ratio is presently 1.5 days.

Hedge Funds Weigh In On Natixis Gateway Quality Income ETF

A number of hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC purchased a new stake in shares of Natixis Gateway Quality Income ETF in the first quarter valued at about $126,000. GoalVest Advisory LLC bought a new stake in Natixis Gateway Quality Income ETF in the 4th quarter worth about $312,000. Northwest Financial Advisors purchased a new stake in Natixis Gateway Quality Income ETF in the 3rd quarter valued at about $310,000. Equitable Holdings Inc. purchased a new stake in Natixis Gateway Quality Income ETF in the 3rd quarter valued at about $358,000. Finally, Citadel Advisors LLC bought a new position in shares of Natixis Gateway Quality Income ETF during the 3rd quarter worth approximately $440,000.

Natixis Gateway Quality Income ETF Stock Performance

Shares of GQI opened at $57.84 on Monday. The firm has a market capitalization of $181.04 million, a P/E ratio of 26.77 and a beta of 0.79. Natixis Gateway Quality Income ETF has a 52 week low of $44.86 and a 52 week high of $58.65. The stock has a 50 day moving average price of $57.01 and a two-hundred day moving average price of $55.67.

Natixis Gateway Quality Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a dividend of $0.4227 per share. This represents a c) annualized dividend and a yield of 8.8%. This is an increase from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.40. The ex-dividend date was Tuesday, December 30th.

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.