Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Shares Shorted: Short Interest Down 85.4% in October

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) saw a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 335,919 shares, a drop of 85.4% from the October 15th total of 2,302,179 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,098,435 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Capital Group International Focus Equity ETF

Hedge funds have recently added to or reduced their stakes in the business. Private Advisor Group LLC increased its position in Capital Group International Focus Equity ETF by 58.7% in the 3rd quarter. Private Advisor Group LLC now owns 1,897,302 shares of the company’s stock worth $65,059,000 after buying an additional 701,501 shares during the period. BHK Investment Advisors LLC bought a new stake in shares of Capital Group International Focus Equity ETF in the third quarter valued at approximately $329,000. Global Retirement Partners LLC grew its stake in shares of Capital Group International Focus Equity ETF by 13.3% in the third quarter. Global Retirement Partners LLC now owns 42,292 shares of the company’s stock worth $1,450,000 after acquiring an additional 4,980 shares during the last quarter. Rothschild Investment LLC grew its stake in shares of Capital Group International Focus Equity ETF by 32.2% in the third quarter. Rothschild Investment LLC now owns 61,240 shares of the company’s stock worth $2,100,000 after acquiring an additional 14,905 shares during the last quarter. Finally, Vawter Financial Ltd. acquired a new stake in Capital Group International Focus Equity ETF in the 3rd quarter worth $11,388,000.

Capital Group International Focus Equity ETF Stock Performance

Capital Group International Focus Equity ETF stock opened at $31.19 on Wednesday. The business’s 50-day simple moving average is $33.58 and its 200-day simple moving average is $32.98. The firm has a market capitalization of $6.39 billion, a PE ratio of 15.00 and a beta of 0.97. Capital Group International Focus Equity ETF has a 52 week low of $28.14 and a 52 week high of $36.27.

About Capital Group International Focus Equity ETF

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.