Short Interest in Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) Rises By 565.4%

Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 37,899 shares, an increase of 565.4% from the June 15th total of 5,696 shares. Based on an average daily volume of 37,558 shares, the short-interest ratio is presently 1.0 days. Currently, 0.4% of the shares of the stock are sold short.

Genter Capital Taxable Quality Intermediate ETF Stock Down 0.3%

NYSEARCA GENT traded down $0.03 on Friday, reaching $10.19. 21,220 shares of the stock traded hands, compared to its average volume of 35,099. Genter Capital Taxable Quality Intermediate ETF has a 12 month low of $10.12 and a 12 month high of $10.95. The company has a market cap of $98.54 million, a price-to-earnings ratio of 20.80 and a beta of 0.05. The firm’s fifty day simple moving average is $10.24 and its 200 day simple moving average is $10.32.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Genter Capital Taxable Quality Intermediate ETF stock. Bank of New York Mellon Corp raised its holdings in Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) by 49.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,501,629 shares of the company’s stock after acquiring an additional 831,507 shares during the quarter. Bank of New York Mellon Corp owned 31.99% of Genter Capital Taxable Quality Intermediate ETF worth $25,967,000 as of its most recent filing with the Securities and Exchange Commission. 53.53% of the stock is owned by institutional investors and hedge funds.

Genter Capital Taxable Quality Intermediate ETF Company Profile

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.