Short Interest in Thornburg International Equity ETF (NASDAQ:TXUE) Declines By 41.0%

Thornburg International Equity ETF (NASDAQ:TXUE) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 36,035 shares, a drop of 41.0% from the May 31st total of 61,044 shares. Based on an average daily trading volume, of 82,046 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are sold short.

Thornburg International Equity ETF Price Performance

Shares of NASDAQ:TXUE traded down $0.24 during midday trading on Wednesday, hitting $34.28. 17,089 shares of the company’s stock were exchanged, compared to its average volume of 65,305. Thornburg International Equity ETF has a 12 month low of $28.95 and a 12 month high of $35.98. The company has a market cap of $447.01 million, a PE ratio of 18.04 and a beta of 0.39. The stock has a 50 day moving average price of $34.30 and a 200-day moving average price of $33.26.

Institutional Trading of Thornburg International Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. purchased a new stake in shares of Thornburg International Equity ETF in the second quarter worth approximately $119,000. BCGM Wealth Management LLC bought a new stake in Thornburg International Equity ETF during the fourth quarter worth $208,000. Empire Financial Management Company LLC raised its position in Thornburg International Equity ETF by 6.7% in the 1st quarter. Empire Financial Management Company LLC now owns 8,000 shares of the company’s stock valued at $258,000 after buying an additional 500 shares during the last quarter. Cornerstone Wealth Group LLC raised its position in Thornburg International Equity ETF by 4.8% in the 4th quarter. Cornerstone Wealth Group LLC now owns 10,747 shares of the company’s stock valued at $337,000 after buying an additional 491 shares during the last quarter. Finally, Ascentis Independent Advisors purchased a new stake in Thornburg International Equity ETF in the 1st quarter valued at $390,000.

About Thornburg International Equity ETF

The Thornburg International Equity ETF (TXUE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of non-US developed market securities of large-cap companies. The selection process combines bottom-up fundamental analysis and macroeconomic insights. TXUE was launched on Jan 22, 2025 and is issued by Thornburg.