Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Sees Large Growth in Short Interest

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 36,391 shares, an increase of 127.4% from the August 15th total of 16,004 shares. Based on an average trading volume of 21,184 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.8% of the shares of the stock are short sold.

Natixis Gateway Quality Income ETF Stock Performance

GQI opened at $60.01 on Monday. Natixis Gateway Quality Income ETF has a 1-year low of $53.47 and a 1-year high of $60.88. The stock has a market capitalization of $267.64 million, a PE ratio of 26.77 and a beta of 0.72. The firm has a 50-day moving average price of $59.87 and a two-hundred day moving average price of $58.29.

Natixis Gateway Quality Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Investors of record on Monday, August 3rd were issued a $0.5233 dividend. This is an increase from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. COFG Advisors LLC bought a new position in Natixis Gateway Quality Income ETF in the 4th quarter valued at $638,000. Greenwood Capital Associates LLC acquired a new position in shares of Natixis Gateway Quality Income ETF during the first quarter valued at $524,000. Royal Bank of Canada lifted its stake in shares of Natixis Gateway Quality Income ETF by 31.2% during the first quarter. Royal Bank of Canada now owns 67,735 shares of the company’s stock valued at $3,715,000 after acquiring an additional 16,116 shares during the period. Gateway Wealth Partners LLC bought a new position in Natixis Gateway Quality Income ETF in the first quarter valued at about $225,000. Finally, Kestra Advisory Services LLC raised its holdings in Natixis Gateway Quality Income ETF by 65.0% during the 1st quarter. Kestra Advisory Services LLC now owns 4,817 shares of the company’s stock worth $264,000 after purchasing an additional 1,898 shares during the last quarter.

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.