Thornburg International Equity ETF (NASDAQ:TXUE) Sees Large Growth in Short Interest

Thornburg International Equity ETF (NASDAQ:TXUE) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 114,411 shares, a growth of 356.7% from the September 15th total of 25,053 shares. Based on an average daily trading volume, of 68,444 shares, the short-interest ratio is presently 1.7 days. Approximately 0.7% of the company’s stock are short sold.

Thornburg International Equity ETF Trading Up 0.7%

Thornburg International Equity ETF stock traded up $0.23 during trading hours on Friday, hitting $34.55. 31,440 shares of the stock traded hands, compared to its average volume of 58,983. The firm’s 50-day moving average price is $35.80 and its two-hundred day moving average price is $34.72. The company has a market cap of $559.02 million, a PE ratio of 18.04 and a beta of 0.41. Thornburg International Equity ETF has a one year low of $29.78 and a one year high of $38.40.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. IFC Advisors LLC purchased a new position in shares of Thornburg International Equity ETF during the first quarter valued at approximately $15,717,000. D.A. Davidson & CO. grew its stake in shares of Thornburg International Equity ETF by 21.6% in the 1st quarter. D.A. Davidson & CO. now owns 468,050 shares of the company’s stock worth $15,067,000 after buying an additional 83,180 shares during the last quarter. Financial Designs Corp grew its stake in shares of Thornburg International Equity ETF by 9.6% in the 3rd quarter. Financial Designs Corp now owns 294,455 shares of the company’s stock worth $10,223,000 after buying an additional 25,780 shares during the last quarter. Financial Management Network Inc. increased its position in Thornburg International Equity ETF by 4.1% during the 1st quarter. Financial Management Network Inc. now owns 296,619 shares of the company’s stock valued at $10,010,000 after buying an additional 11,700 shares in the last quarter. Finally, One Charles Private Wealth Services LLC increased its position in Thornburg International Equity ETF by 26.8% during the 1st quarter. One Charles Private Wealth Services LLC now owns 204,515 shares of the company’s stock valued at $6,583,000 after buying an additional 43,201 shares in the last quarter.

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.