Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Stock Short Interest Report for October

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 50,987 shares, a growth of 64.4% from the September 30th total of 31,006 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 32,108 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Investors Weigh In On Natixis Gateway Quality Income ETF

Several institutional investors have recently added to or reduced their stakes in the business. Legacy Financial Advisors Inc. boosted its holdings in Natixis Gateway Quality Income ETF by 2.1% in the second quarter. Legacy Financial Advisors Inc. now owns 214,000 shares of the company’s stock valued at $12,662,000 after purchasing an additional 4,301 shares in the last quarter. Three Magnolias Financial Advisors LLC raised its holdings in Natixis Gateway Quality Income ETF by 6.5% during the third quarter. Three Magnolias Financial Advisors LLC now owns 130,371 shares of the company’s stock worth $7,879,000 after purchasing an additional 8,008 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Natixis Gateway Quality Income ETF by 90.1% during the third quarter. Commonwealth Equity Services LLC now owns 123,095 shares of the company’s stock worth $7,439,000 after purchasing an additional 58,350 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Natixis Gateway Quality Income ETF by 31.2% during the 1st quarter. Royal Bank of Canada now owns 67,735 shares of the company’s stock worth $3,715,000 after buying an additional 16,116 shares during the last quarter. Finally, Apollon Wealth Management LLC lifted its position in shares of Natixis Gateway Quality Income ETF by 17.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 58,454 shares of the company’s stock worth $3,533,000 after buying an additional 8,691 shares during the last quarter.

Natixis Gateway Quality Income ETF Trading Down 0.1%

Shares of GQI stock opened at $59.47 on Tuesday. The company has a market cap of $304.51 million, a P/E ratio of 22.74 and a beta of 0.70. The firm has a fifty day moving average price of $60.57 and a 200 day moving average price of $58.63. Natixis Gateway Quality Income ETF has a 12 month low of $53.47 and a 12 month high of $61.57.

Natixis Gateway Quality Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, November 3rd. Stockholders of record on Monday, November 2nd will be issued a $0.3629 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date is Monday, November 2nd. This is a decrease from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.3775.

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.