Short Interest in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Declines By 83.1%

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 570,516 shares, a decrease of 83.1% from the June 30th total of 3,377,570 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 999,587 shares, the short-interest ratio is currently 0.6 days.

Capital Group International Focus Equity ETF Stock Performance

Shares of CGXU stock traded down $0.36 on Friday, reaching $33.25. 871,200 shares of the company’s stock traded hands, compared to its average volume of 923,113. The company has a market capitalization of $6.16 billion, a P/E ratio of 17.44 and a beta of 0.94. Capital Group International Focus Equity ETF has a 12-month low of $26.31 and a 12-month high of $36.27. The business’s 50 day moving average price is $34.31 and its two-hundred day moving average price is $32.29.

Institutional Trading of Capital Group International Focus Equity ETF

Hedge funds have recently made changes to their positions in the stock. Burford Brothers Inc. grew its position in Capital Group International Focus Equity ETF by 0.6% during the first quarter. Burford Brothers Inc. now owns 65,866 shares of the company’s stock valued at $1,942,000 after purchasing an additional 362 shares in the last quarter. ST Germain D J Co. Inc. grew its holdings in shares of Capital Group International Focus Equity ETF by 3.2% during the 4th quarter. ST Germain D J Co. Inc. now owns 11,707 shares of the company’s stock valued at $346,000 after acquiring an additional 368 shares in the last quarter. Essex Financial Services Inc. raised its holdings in shares of Capital Group International Focus Equity ETF by 1.2% during the fourth quarter. Essex Financial Services Inc. now owns 33,618 shares of the company’s stock worth $993,000 after acquiring an additional 387 shares in the last quarter. Nautilus Advisors LLC boosted its position in Capital Group International Focus Equity ETF by 3.1% during the fourth quarter. Nautilus Advisors LLC now owns 14,472 shares of the company’s stock valued at $428,000 after purchasing an additional 436 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its stake in Capital Group International Focus Equity ETF by 18.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 2,756 shares of the company’s stock valued at $81,000 after purchasing an additional 436 shares in the last quarter.

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.