Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Short Interest Update

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 3,031 shares, a decrease of 74.1% from the December 31st total of 11,681 shares. Based on an average trading volume of 101,016 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 101,016 shares, the days-to-cover ratio is presently 0.0 days.

Natixis Gateway Quality Income ETF Trading Down 0.1%

Natixis Gateway Quality Income ETF stock traded down $0.06 during trading on Wednesday, hitting $58.21. The company had a trading volume of 24,976 shares, compared to its average volume of 61,943. The stock has a market cap of $182.78 million, a price-to-earnings ratio of 26.77 and a beta of 0.79. Natixis Gateway Quality Income ETF has a 1-year low of $44.86 and a 1-year high of $58.65. The company’s 50 day simple moving average is $57.26 and its 200-day simple moving average is $55.90.

Natixis Gateway Quality Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a dividend of $0.4227 per share. This represents a c) annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend was Tuesday, December 30th. This is a positive change from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.40.

Institutional Trading of Natixis Gateway Quality Income ETF

Several hedge funds have recently made changes to their positions in GQI. NewEdge Advisors LLC purchased a new position in shares of Natixis Gateway Quality Income ETF in the first quarter valued at approximately $126,000. Private Trust Co. NA increased its stake in 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 worth $208,000 after buying an additional 2,654 shares during the period. Northwest Financial Advisors acquired a new stake in Natixis Gateway Quality Income ETF during the 3rd quarter worth approximately $310,000. GoalVest Advisory LLC purchased a new position in Natixis Gateway Quality Income ETF in the 4th quarter valued at approximately $312,000. Finally, Gentry Private Wealth LLC acquired a new position in shares of Natixis Gateway Quality Income ETF in the fourth quarter worth $312,000.

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.