Short Interest in Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) Expands By 565.4%

Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 37,899 shares, an increase of 565.4% from the June 15th total of 5,696 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 37,558 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of Genter Capital Taxable Quality Intermediate ETF

An institutional investor recently raised its position in Genter Capital Taxable Quality Intermediate ETF stock. Bank of New York Mellon Corp lifted its position in shares of Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) by 49.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,501,629 shares of the company’s stock after acquiring an additional 831,507 shares during the quarter. Bank of New York Mellon Corp owned approximately 31.99% of Genter Capital Taxable Quality Intermediate ETF worth $25,967,000 at the end of the most recent reporting period. 53.53% of the stock is owned by hedge funds and other institutional investors.

Genter Capital Taxable Quality Intermediate ETF Price Performance

Shares of GENT remained flat at $10.19 during mid-day trading on Monday. 2,177 shares of the stock were exchanged, compared to its average volume of 34,847. The business’s fifty day moving average price is $10.24 and its 200 day moving average price is $10.32. Genter Capital Taxable Quality Intermediate ETF has a one year low of $10.12 and a one year high of $10.95. The company has a market cap of $98.74 million, a P/E ratio of 20.80 and a beta of 0.05.

Genter Capital Taxable Quality Intermediate ETF Company Profile

The Genter Capital Taxable Quality Intermediate ETF (GENT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed basket of taxable, intermediate-term fixed income instruments with investment grade rating. It seeks total return and current income from both US and foreign securities. GENT was launched on May 10, 2024 and is issued by Genter Capital.