Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) Short Interest Down 93.7% in April

Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 1,569 shares, a decrease of 93.7% from the April 15th total of 25,053 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 35,111 shares, the short-interest ratio is presently 0.0 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 holdings in Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) by 44.2% in the 1st quarter, according to its most recent filing with the SEC. 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 about 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 owned by institutional investors.

Genter Capital Taxable Quality Intermediate ETF Price Performance

GENT stock traded down $0.01 during mid-day trading on Monday, reaching $10.27. The company had a trading volume of 33,645 shares, compared to its average volume of 34,930. The company has a market capitalization of $92.22 million, a PE ratio of 20.96 and a beta of 0.06. The firm has a 50 day moving average of $10.32 and a 200 day moving average of $10.37. Genter Capital Taxable Quality Intermediate ETF has a 12 month low of $10.19 and a 12 month high of $10.95.

Genter Capital Taxable Quality Intermediate ETF Cuts Dividend

The business also recently announced 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) dividend on an annualized basis 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%.

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.