Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Short Interest Update

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 11,681 shares, a growth of 43.7% from the December 15th total of 8,131 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 7,712 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily trading volume, of 7,712 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On Natixis Gateway Quality Income ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Legacy Financial Advisors Inc. grew its holdings in Natixis Gateway Quality Income ETF by 6.1% during the third quarter. Legacy Financial Advisors Inc. now owns 361,433 shares of the company’s stock valued at $20,258,000 after purchasing an additional 20,671 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Natixis Gateway Quality Income ETF by 1.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 144,716 shares of the company’s stock valued at $8,038,000 after buying an additional 2,758 shares in the last quarter. DAVENPORT & Co LLC grew its stake in shares of Natixis Gateway Quality Income ETF by 12.6% during the 4th quarter. DAVENPORT & Co LLC now owns 132,023 shares of the company’s stock valued at $7,534,000 after acquiring an additional 14,786 shares during the period. Dakota Wealth Management bought a new position in shares of Natixis Gateway Quality Income ETF during the 4th quarter valued at approximately $6,771,000. Finally, Lokken Investment Group LLC increased its holdings in Natixis Gateway Quality Income ETF by 1.5% in the 3rd quarter. Lokken Investment Group LLC now owns 115,961 shares of the company’s stock worth $6,500,000 after acquiring an additional 1,702 shares in the last quarter.

Natixis Gateway Quality Income ETF Trading Down 0.1%

GQI stock traded down $0.07 during midday trading on Friday, reaching $57.84. 7,690 shares of the company’s stock traded hands, compared to its average volume of 92,481. Natixis Gateway Quality Income ETF has a 52-week low of $44.86 and a 52-week high of $58.65. The stock has a market cap of $181.04 million, a P/E ratio of 26.77 and a beta of 0.79. The stock’s 50-day moving average is $57.01 and its 200 day moving average is $55.64.

Natixis Gateway Quality Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a $0.4227 dividend. This is a positive change from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.40. The ex-dividend date was Tuesday, December 30th. This represents a c) annualized dividend and a dividend yield of 8.8%.

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.