Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) Short Interest Update

Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) saw a large 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. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 37,558 shares, the days-to-cover ratio is currently 1.0 days.

Genter Capital Taxable Quality Intermediate ETF Stock Performance

Shares of NYSEARCA GENT remained flat at $10.19 during trading on Monday. The stock had a trading volume of 2,177 shares, compared to its average volume of 34,848. The stock has a 50 day simple moving average of $10.24 and a 200 day simple moving average of $10.32. Genter Capital Taxable Quality Intermediate ETF has a 1-year low of $10.12 and a 1-year high of $10.95. The firm has a market capitalization of $98.74 million, a PE ratio of 20.80 and a beta of 0.05.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Genter Capital Taxable Quality Intermediate ETF stock. Bank of New York Mellon Corp lifted its holdings in shares of Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) by 49.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,501,629 shares of the company’s stock after buying an additional 831,507 shares during the period. Bank of New York Mellon Corp owned 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 currently owned by hedge funds and other institutional investors.

About Genter Capital Taxable Quality Intermediate ETF

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.