Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Short Interest Down 35.4% in May

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 28,267 shares, a decline of 35.4% from the May 14th total of 43,727 shares. Based on an average trading volume of 106,413 shares, the short-interest ratio is currently 0.3 days. Currently, 0.8% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC raised its holdings in Natixis Gateway Quality Income ETF by 84.4% in the 4th quarter. Flagship Harbor Advisors LLC now owns 19,914 shares of the company’s stock valued at $1,136,000 after buying an additional 9,115 shares during the last quarter. COFG Advisors LLC bought a new position in Natixis Gateway Quality Income ETF in the 4th quarter valued at approximately $638,000. Horizon Wealth Management LLC bought a new position in Natixis Gateway Quality Income ETF in the 4th quarter valued at approximately $49,205,000. DAVENPORT & Co LLC raised its holdings in Natixis Gateway Quality Income ETF by 12.6% in the 4th 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 last quarter. Finally, Dakota Wealth Management bought a new position in Natixis Gateway Quality Income ETF in the 4th quarter valued at approximately $6,771,000.

Natixis Gateway Quality Income ETF Trading Down 0.3%

Natixis Gateway Quality Income ETF stock traded down $0.19 during midday trading on Tuesday, reaching $59.15. The company’s stock had a trading volume of 12,831 shares, compared to its average volume of 33,119. Natixis Gateway Quality Income ETF has a 52 week low of $52.05 and a 52 week high of $59.60. The business has a 50-day moving average price of $57.88 and a 200-day moving average price of $57.31. The stock has a market cap of $199.34 million, a PE ratio of 26.77 and a beta of 0.73.

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.