Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Short Interest Update

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 43,727 shares, a growth of 272.0% from the April 30th total of 11,754 shares. Based on an average trading volume of 19,500 shares, the short-interest ratio is presently 2.2 days. Currently, 1.3% of the company’s stock are sold short.

Institutional Investors Weigh In On Natixis Gateway Quality Income ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Horizon Wealth Management LLC acquired a new stake in Natixis Gateway Quality Income ETF in the fourth quarter valued at approximately $49,205,000. LPL Financial LLC grew its holdings in shares of Natixis Gateway Quality Income ETF by 12.7% during the fourth quarter. LPL Financial LLC now owns 402,817 shares of the company’s stock valued at $22,987,000 after buying an additional 45,483 shares during the last quarter. Legacy Financial Advisors Inc. grew its holdings in shares of Natixis Gateway Quality Income ETF by 6.1% during the third quarter. Legacy Financial Advisors Inc. now owns 361,433 shares of the company’s stock valued at $20,258,000 after buying an additional 20,671 shares during the last quarter. DAVENPORT & Co LLC grew its holdings in shares of Natixis Gateway Quality Income ETF by 12.6% during the fourth 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 acquired a new position in shares of Natixis Gateway Quality Income ETF during the fourth quarter valued at about $6,771,000.

Natixis Gateway Quality Income ETF Stock Performance

Natixis Gateway Quality Income ETF stock traded down $0.13 during mid-day trading on Friday, reaching $59.44. The stock had a trading volume of 38,050 shares, compared to its average volume of 33,368. Natixis Gateway Quality Income ETF has a fifty-two week low of $51.61 and a fifty-two week high of $59.60. The stock’s 50-day simple moving average is $57.04 and its 200-day simple moving average is $57.10. The firm has a market capitalization of $200.31 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.