Short Interest in Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) Rises By 565.4%

Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 37,899 shares, a growth of 565.4% from the June 15th total of 5,696 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 37,558 shares, the short-interest ratio is presently 1.0 days.

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 lifted its stake in shares of Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) by 44.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,607,556 shares of the company’s stock after purchasing an additional 1,105,927 shares during the period. Bank of New York Mellon Corp owned approximately 40.17% of Genter Capital Taxable Quality Intermediate ETF worth $37,032,000 at the end of the most recent quarter. 53.53% of the stock is currently owned by institutional investors and hedge funds.

Genter Capital Taxable Quality Intermediate ETF Stock Down 0.3%

Genter Capital Taxable Quality Intermediate ETF stock traded down $0.03 during mid-day trading on Friday, hitting $10.19. The company’s stock had a trading volume of 21,220 shares, compared to its average volume of 35,099. The stock has a market capitalization of $98.54 million, a P/E ratio of 20.80 and a beta of 0.05. Genter Capital Taxable Quality Intermediate ETF has a twelve month low of $10.12 and a twelve month high of $10.95. The stock’s fifty day moving average price is $10.24 and its two-hundred day moving average price is $10.32.

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.