Short Interest in Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Declines By 74.1%

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) saw a significant decline in short interest in January. As of January 15th, there was short interest totaling 3,031 shares, a decline of 74.1% from the December 31st total of 11,681 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 101,016 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 101,016 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of Natixis Gateway Quality Income ETF

A number of hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC purchased a new stake in shares of Natixis Gateway Quality Income ETF during the first quarter worth approximately $126,000. Private Trust Co. NA grew its holdings in shares of Natixis Gateway Quality Income ETF by 267.8% during the 4th quarter. Private Trust Co. NA now owns 3,645 shares of the company’s stock worth $208,000 after purchasing an additional 2,654 shares during the period. Northwest Financial Advisors purchased a new stake in Natixis Gateway Quality Income ETF in the 3rd quarter valued at about $310,000. GoalVest Advisory LLC acquired a new position in Natixis Gateway Quality Income ETF in the fourth quarter valued at about $312,000. Finally, Gentry Private Wealth LLC acquired a new position in shares of Natixis Gateway Quality Income ETF in the 4th quarter worth approximately $312,000.

Natixis Gateway Quality Income ETF Price Performance

NYSEARCA GQI traded down $0.22 during midday trading on Friday, hitting $58.06. 36,334 shares of the company traded hands, compared to its average volume of 57,872. The company has a market cap of $182.31 million, a PE ratio of 26.77 and a beta of 0.79. Natixis Gateway Quality Income ETF has a 52 week low of $44.86 and a 52 week high of $58.65. The company’s 50-day simple moving average is $57.38 and its 200-day simple moving average is $55.95.

Natixis Gateway Quality Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Investors 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) dividend on an annualized basis and a yield of 8.7%.

About Natixis Gateway Quality Income ETF

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.