Short Interest in Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) Declines By 93.7%

Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 1,569 shares, a decline of 93.7% from the April 15th total of 25,053 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 35,111 shares, the days-to-cover ratio is presently 0.0 days.

Genter Capital Taxable Quality Intermediate ETF Stock Performance

GENT remained flat at $10.26 during trading on Wednesday. The company had a trading volume of 68,120 shares, compared to its average volume of 35,100. Genter Capital Taxable Quality Intermediate ETF has a twelve month low of $10.19 and a twelve month high of $10.95. The company has a 50-day simple moving average of $10.32 and a 200-day simple moving average of $10.37. The stock has a market cap of $92.13 million, a P/E ratio of 20.94 and a beta of 0.06.

Genter Capital Taxable Quality Intermediate ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were issued a $0.0327 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Thursday, February 26th. Genter Capital Taxable Quality Intermediate ETF’s dividend payout ratio is presently 87.76%.

Hedge Funds Weigh In On 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 boosted its position in Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) by 49.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,501,629 shares of the company’s stock after purchasing 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 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 53.53% of the company’s stock.

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.