Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Short Interest Up 272.0% in May

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 43,727 shares, an increase of 272.0% from the April 30th total of 11,754 shares. Approximately 1.3% of the company’s stock are sold short. Based on an average daily volume of 19,500 shares, the short-interest ratio is currently 2.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Flagship Harbor Advisors LLC grew its position in shares of Natixis Gateway Quality Income ETF by 84.4% in the 4th quarter. Flagship Harbor Advisors LLC now owns 19,914 shares of the company’s stock valued at $1,136,000 after buying an additional 9,115 shares during the last quarter. Horizon Wealth Management LLC purchased a new stake in Natixis Gateway Quality Income ETF in the fourth quarter valued at $49,205,000. DAVENPORT & Co LLC lifted its position in Natixis Gateway Quality Income ETF by 12.6% in the fourth quarter. DAVENPORT & Co LLC now owns 132,023 shares of the company’s stock valued at $7,534,000 after acquiring an additional 14,786 shares during the last quarter. Dakota Wealth Management acquired a new position in Natixis Gateway Quality Income ETF in the fourth quarter valued at $6,771,000. Finally, Legacy Financial Advisors Inc. grew its holdings in shares of Natixis Gateway Quality Income ETF by 6.1% during the third quarter. Legacy Financial Advisors Inc. now owns 361,433 shares of the company’s stock worth $20,258,000 after purchasing an additional 20,671 shares during the last quarter.

Natixis Gateway Quality Income ETF Trading Down 0.1%

NYSEARCA:GQI traded down $0.06 during trading hours on Friday, hitting $59.51. The company’s stock had a trading volume of 11,413 shares, compared to its average volume of 33,076. The stock has a market capitalization of $200.55 million, a P/E ratio of 26.77 and a beta of 0.73. The stock has a fifty day moving average of $56.97 and a 200-day moving average of $57.09. Natixis Gateway Quality Income ETF has a 52-week low of $51.61 and a 52-week high of $59.60.

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.