Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Stock Short Interest Report for October

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 50,987 shares, an increase of 64.4% from the September 30th total of 31,006 shares. Based on an average daily volume of 32,108 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.0% of the company’s stock are short sold.

Natixis Gateway Quality Income ETF Stock Performance

Shares of GQI traded up $0.09 during mid-day trading on Monday, hitting $60.01. The company’s stock had a trading volume of 4,166 shares, compared to its average volume of 28,737. The firm has a market capitalization of $307.26 million, a PE ratio of 26.77 and a beta of 0.71. Natixis Gateway Quality Income ETF has a one year low of $53.47 and a one year high of $61.57. The stock’s 50-day moving average is $60.58 and its two-hundred day moving average is $58.62.

Natixis Gateway Quality Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, November 3rd. Shareholders of record on Monday, November 2nd will be given a dividend of $0.3629 per share. This represents a $4.35 dividend on an annualized basis and a yield of 7.3%. This is a drop from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.3775. The ex-dividend date of this dividend is Monday, November 2nd.

Institutional Trading of Natixis Gateway Quality Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Greenwood Capital Associates LLC bought a new stake in Natixis Gateway Quality Income ETF in the first quarter worth $524,000. Apollon Wealth Management LLC lifted its holdings in shares of Natixis Gateway Quality Income ETF by 17.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 58,454 shares of the company’s stock valued at $3,533,000 after buying an additional 8,691 shares during the period. Royal Bank of Canada boosted its stake in shares of Natixis Gateway Quality Income ETF by 31.2% during the 1st quarter. Royal Bank of Canada now owns 67,735 shares of the company’s stock worth $3,715,000 after acquiring an additional 16,116 shares during the last quarter. AGH Wealth Advisors LLC raised its stake in Natixis Gateway Quality Income ETF by 19.2% during the 3rd quarter. AGH Wealth Advisors LLC now owns 5,184 shares of the company’s stock worth $313,000 after acquiring an additional 835 shares during the period. Finally, Flagship Harbor Advisors LLC lifted its holdings in Natixis Gateway Quality Income ETF by 9.9% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 18,886 shares of the company’s stock worth $1,141,000 after purchasing an additional 1,701 shares in the last quarter.

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.