Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) Sees Significant Decline in Short Interest

Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) was the target of a significant decline in short interest in the month of 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. Based on an average daily volume of 35,111 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Genter Capital Taxable Quality Intermediate ETF Trading Down 0.1%

NYSEARCA:GENT traded down $0.01 during trading hours on Tuesday, hitting $10.26. The company’s stock had a trading volume of 17,317 shares, compared to its average volume of 34,734. The stock has a market capitalization of $92.13 million, a P/E ratio of 20.94 and a beta of 0.06. The stock has a fifty day moving average of $10.32 and a 200-day moving average of $10.37. Genter Capital Taxable Quality Intermediate ETF has a 52-week low of $10.19 and a 52-week high of $10.95.

Genter Capital Taxable Quality Intermediate ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were paid a $0.0327 dividend. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date was Thursday, February 26th. Genter Capital Taxable Quality Intermediate ETF’s dividend payout ratio is currently 87.76%.

Institutional Investors 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 raised its stake in Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) by 49.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 approximately 31.99% of Genter Capital Taxable Quality Intermediate ETF worth $25,967,000 at the end of the most recent reporting period. 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.