Short Interest in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Drops By 14.2%

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 159,059 shares, a drop of 14.2% from the February 26th total of 185,464 shares. Based on an average daily trading volume, of 1,339,829 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Capital Group International Focus Equity ETF

Large investors have recently modified their holdings of the stock. Axxcess Wealth Management LLC boosted its position in shares of Capital Group International Focus Equity ETF by 0.5% in the 3rd quarter. Axxcess Wealth Management LLC now owns 70,106 shares of the company’s stock valued at $2,077,000 after purchasing an additional 345 shares during the period. Cornerstone Advisors Asset Management LLC raised its holdings in Capital Group International Focus Equity ETF by 1.1% during the 3rd quarter. Cornerstone Advisors Asset Management LLC now owns 32,128 shares of the company’s stock worth $952,000 after buying an additional 347 shares during the period. ST Germain D J Co. Inc. lifted its stake in Capital Group International Focus Equity ETF by 3.2% during the fourth quarter. ST Germain D J Co. Inc. now owns 11,707 shares of the company’s stock valued at $346,000 after buying an additional 368 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in Capital Group International Focus Equity ETF by 3.8% during the second quarter. J.W. Cole Advisors Inc. now owns 10,512 shares of the company’s stock valued at $285,000 after buying an additional 387 shares in the last quarter. Finally, Essex Financial Services Inc. boosted its holdings in shares of Capital Group International Focus Equity ETF by 1.2% in the fourth quarter. Essex Financial Services Inc. now owns 33,618 shares of the company’s stock worth $993,000 after buying an additional 387 shares during the period.

Capital Group International Focus Equity ETF Price Performance

CGXU traded up $0.54 during trading on Tuesday, hitting $28.82. The company had a trading volume of 43,706 shares, compared to its average volume of 966,822. Capital Group International Focus Equity ETF has a 1-year low of $21.17 and a 1-year high of $32.69. The company has a market cap of $4.44 billion, a PE ratio of 17.44 and a beta of 0.92. The business has a 50-day moving average of $30.88 and a 200-day moving average of $30.36.

Capital Group International Focus Equity ETF Company Profile

The Capital Group International Focus Equity ETF (CGXU) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in stocks of non-US companies that the adviser believes have high growth potential. CGXU was launched on Feb 22, 2022 and is managed by Capital Group.