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 recipient of a large decrease in short interest in the month of 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. Based on an average daily volume of 35,111 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Genter Capital Taxable Quality Intermediate ETF Trading Down 0.1%

Shares of GENT traded down $0.01 during mid-day trading on Monday, hitting $10.27. The company’s stock had a trading volume of 33,645 shares, compared to its average volume of 34,930. Genter Capital Taxable Quality Intermediate ETF has a 52-week low of $10.19 and a 52-week high of $10.95. The company’s 50-day moving average is $10.32 and its 200-day moving average is $10.37. The firm has a market capitalization of $92.22 million, a price-to-earnings ratio of 20.96 and a beta of 0.06.

Genter Capital Taxable Quality Intermediate ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were given a dividend of $0.0327 per share. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 3.8%. Genter Capital Taxable Quality Intermediate ETF’s dividend payout ratio is presently 87.76%.

Institutional Investors Weigh In On Genter Capital Taxable Quality Intermediate ETF

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

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.