Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Short Interest Up 127.4% in August

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 36,391 shares, an increase of 127.4% from the August 15th total of 16,004 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,184 shares, the days-to-cover ratio is currently 1.7 days.

Natixis Gateway Quality Income ETF Price Performance

Natixis Gateway Quality Income ETF stock opened at $60.01 on Monday. The stock has a fifty day moving average price of $59.87 and a two-hundred day moving average price of $58.29. Natixis Gateway Quality Income ETF has a 52-week low of $53.47 and a 52-week high of $60.88. The firm has a market capitalization of $267.64 million, a P/E ratio of 26.77 and a beta of 0.72.

Natixis Gateway Quality Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 4th. Stockholders of record on Monday, August 3rd were issued a $0.5233 dividend. This represents a c) annualized dividend and a dividend yield of 10.5%. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.33.

Hedge Funds Weigh In On Natixis Gateway Quality Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new stake in shares of Natixis Gateway Quality Income ETF during the second quarter worth approximately $36,000. Quattro Advisors LLC bought a new stake in Natixis Gateway Quality Income ETF during the 4th quarter worth approximately $92,000. NewEdge Advisors LLC bought a new stake in Natixis Gateway Quality Income ETF during the 1st quarter worth approximately $126,000. Kestra Advisory Services LLC bought a new position in Natixis Gateway Quality Income ETF in the 4th quarter valued at $167,000. Finally, Claro Advisors Inc. bought a new position in Natixis Gateway Quality Income ETF in the 4th quarter valued at $215,000.

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.