Thornburg International Equity ETF (NASDAQ:TXUE) Shares Shorted: Short Interest Down 45.7% in October

Thornburg International Equity ETF (NASDAQ:TXUE) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 62,149 shares, a decrease of 45.7% from the September 30th total of 114,411 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 83,582 shares, the days-to-cover ratio is presently 0.7 days.

Thornburg International Equity ETF Stock Performance

Shares of TXUE opened at $34.70 on Friday. The company has a market capitalization of $581.57 million, a P/E ratio of 18.04 and a beta of 0.41. Thornburg International Equity ETF has a fifty-two week low of $29.78 and a fifty-two week high of $38.40. The business’s 50-day moving average is $35.28 and its two-hundred day moving average is $34.37.

Hedge Funds Weigh In On Thornburg International Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the business. IFC Advisors LLC acquired a new stake in shares of Thornburg International Equity ETF in the first quarter valued at about $15,717,000. D.A. Davidson & CO. increased its position in shares of Thornburg International Equity ETF by 21.6% during the first quarter. D.A. Davidson & CO. now owns 468,050 shares of the company’s stock worth $15,067,000 after purchasing an additional 83,180 shares in the last quarter. Baird Financial Group Inc. acquired a new position in Thornburg International Equity ETF in the 2nd quarter valued at $2,508,000. Sanctuary Advisors LLC raised its stake in Thornburg International Equity ETF by 102.0% in the 1st quarter. Sanctuary Advisors LLC now owns 87,065 shares of the company’s stock valued at $2,803,000 after purchasing an additional 43,960 shares during the last quarter. Finally, One Charles Private Wealth Services LLC raised its stake in Thornburg International Equity ETF by 26.8% in 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 purchasing an additional 43,201 shares during 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.