Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Sees Large Decrease in Short Interest

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

Natixis Gateway Quality Income ETF Trading Down 0.4%

GQI traded down $0.22 during trading on Friday, reaching $58.06. 36,334 shares of the company were exchanged, compared to its average volume of 57,872. The stock has a market cap of $182.31 million, a P/E ratio of 26.77 and a beta of 0.79. The firm has a 50 day moving average of $57.38 and a 200 day moving average of $55.95. Natixis Gateway Quality Income ETF has a 52 week low of $44.86 and a 52 week high of $58.65.

Natixis Gateway Quality Income ETF Increases Dividend

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

Institutional Trading of Natixis Gateway Quality Income ETF

Hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC acquired a new position in Natixis Gateway Quality Income ETF during the 1st quarter valued at about $126,000. Private Trust Co. NA raised its holdings in shares of Natixis Gateway Quality Income ETF by 267.8% during the fourth quarter. Private Trust Co. NA now owns 3,645 shares of the company’s stock valued at $208,000 after buying an additional 2,654 shares during the last quarter. Northwest Financial Advisors acquired a new position in shares of Natixis Gateway Quality Income ETF during the third quarter worth approximately $310,000. GoalVest Advisory LLC acquired a new position in shares of Natixis Gateway Quality Income ETF during the fourth quarter worth approximately $312,000. Finally, Gentry Private Wealth LLC bought a new position in Natixis Gateway Quality Income ETF in the 4th quarter worth approximately $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.