Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) Sees Significant Drop in Short Interest

Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 5,158 shares, a drop of 42.0% from the May 14th total of 8,891 shares. Based on an average daily trading volume, of 35,075 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Genter Capital Taxable Quality Intermediate ETF Price Performance

Shares of GENT opened at $10.23 on Friday. Genter Capital Taxable Quality Intermediate ETF has a one year low of $10.12 and a one year high of $10.95. The company has a 50-day simple moving average of $10.27 and a two-hundred day simple moving average of $10.34. The firm has a market capitalization of $91.87 million, a PE ratio of 20.88 and a beta of 0.05.

Institutional Trading of 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 stake in Genter Capital Taxable Quality Intermediate ETF (NYSEARCA:GENT) by 49.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,501,629 shares of the company’s stock after buying 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 at the end of the most recent reporting period. Institutional investors and hedge funds own 53.53% of the company’s stock.

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.