Thornburg International Equity ETF (NASDAQ:TXUE) Short Interest Up 416.7% in May

Thornburg International Equity ETF (NASDAQ:TXUE) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 61,044 shares, a growth of 416.7% from the May 14th total of 11,815 shares. Based on an average daily volume of 71,132 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.5% of the shares of the company are sold short.

Hedge Funds Weigh In On Thornburg International Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. IFC Advisors LLC acquired a new stake in shares of Thornburg International Equity ETF during the 1st quarter worth $15,717,000. HighTower Advisors LLC raised its stake in Thornburg International Equity ETF by 73.0% in the fourth quarter. HighTower Advisors LLC now owns 1,135,695 shares of the company’s stock valued at $35,604,000 after purchasing an additional 479,087 shares in the last quarter. D.A. Davidson & CO. raised its stake in Thornburg International Equity ETF by 346.8% in the fourth quarter. D.A. Davidson & CO. now owns 384,870 shares of the company’s stock valued at $12,066,000 after purchasing an additional 298,725 shares in the last quarter. Adapt Wealth Advisors LLC lifted its position in Thornburg International Equity ETF by 82.3% during the third quarter. Adapt Wealth Advisors LLC now owns 353,738 shares of the company’s stock worth $10,749,000 after purchasing an additional 159,746 shares during the period. Finally, Royal Bank of Canada lifted its position in Thornburg International Equity ETF by 51.6% during the fourth quarter. Royal Bank of Canada now owns 334,454 shares of the company’s stock worth $10,485,000 after purchasing an additional 113,786 shares during the period.

Thornburg International Equity ETF Trading Up 0.2%

NASDAQ TXUE opened at $34.31 on Wednesday. The company has a market cap of $447.40 million, a price-to-earnings ratio of 18.04 and a beta of 0.39. The company has a 50 day moving average of $33.93 and a 200-day moving average of $32.88. Thornburg International Equity ETF has a 1-year low of $28.29 and a 1-year high of $35.12.

Thornburg International Equity ETF Company Profile

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.