Short Interest in Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) Declines By 35.5%

Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 18,413 shares, a decline of 35.5% from the July 15th total of 28,561 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 32,858 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Genter Capital Taxable Quality Intermediate ETF stock. Bank of New York Mellon Corp increased its stake in shares of Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) by 49.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 about 31.99% of Genter Capital Taxable Quality Intermediate ETF worth $25,967,000 at the end of the most recent quarter. Institutional investors and hedge funds own 53.53% of the company’s stock.

Genter Capital Taxable Quality Intermediate ETF Stock Up 0.2%

GENT traded up $0.02 on Wednesday, reaching $10.19. The company’s stock had a trading volume of 8,811 shares, compared to its average volume of 34,372. The company has a market capitalization of $101.39 million, a price-to-earnings ratio of 20.80 and a beta of 0.06. Genter Capital Taxable Quality Intermediate ETF has a fifty-two week low of $10.11 and a fifty-two week high of $10.95. The stock has a 50 day moving average of $10.21 and a two-hundred day moving average of $10.28.

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.