Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Short Interest Up 43.7% in December

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) was the target of a significant growth in short interest during 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. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 7,712 shares, the short-interest ratio is currently 1.5 days. Based on an average daily trading volume, of 7,712 shares, the short-interest ratio is currently 1.5 days. Approximately 0.3% of the company’s shares are sold short.

Natixis Gateway Quality Income ETF Stock Down 0.1%

GQI traded down $0.07 during trading on Friday, reaching $57.84. 7,690 shares of the stock traded hands, compared to its average volume of 92,481. The stock’s 50-day moving average is $57.01 and its 200 day moving average is $55.66. Natixis Gateway Quality Income ETF has a 12 month low of $44.86 and a 12 month high of $58.65. The stock has a market capitalization of $181.04 million, a PE ratio of 26.77 and a beta of 0.79.

Natixis Gateway Quality Income ETF Increases Dividend

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

Institutional Investors Weigh In On Natixis Gateway Quality Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Dakota Wealth Management bought a new stake in Natixis Gateway Quality Income ETF during the 4th quarter worth approximately $6,771,000. DAVENPORT & Co LLC raised its stake in shares of Natixis Gateway Quality Income ETF by 12.6% in the fourth quarter. DAVENPORT & Co LLC now owns 132,023 shares of the company’s stock valued at $7,534,000 after buying an additional 14,786 shares during the period. Envision Financial LLC raised its position in shares of Natixis Gateway Quality Income ETF by 23.0% in the fourth quarter. Envision Financial LLC now owns 9,855 shares of the company’s stock valued at $562,000 after purchasing an additional 1,840 shares during the period. GoalVest Advisory LLC bought a new position in shares of Natixis Gateway Quality Income ETF in the fourth quarter worth $312,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Natixis Gateway Quality Income ETF in the third quarter worth about $440,000.

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.