Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Short Interest Down 49.6% in May

by · The Markets Daily

Capital Group International Focus Equity ETF (NYSEARCA:CGXU – Get Free Report) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 387,222 shares, a decrease of 49.6% from the April 30th total of 768,461 shares. Based on an average daily trading volume, of 901,033 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Trading of Capital Group International Focus Equity ETF

Hedge funds have recently made changes to their positions in the business. Quadrant Capital Group LLC acquired a new stake in shares of Capital Group International Focus Equity ETF during the fourth quarter worth about $28,000. Parallel Advisors LLC acquired a new stake in shares of Capital Group International Focus Equity ETF during the first quarter worth about $68,000. IFP Advisors Inc lifted its position in shares of Capital Group International Focus Equity ETF by 103.1% during the third quarter. IFP Advisors Inc now owns 2,388 shares of the company’s stock worth $71,000 after purchasing an additional 1,212 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position in shares of Capital Group International Focus Equity ETF by 18.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,756 shares of the company’s stock worth $81,000 after purchasing an additional 436 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its position in shares of Capital Group International Focus Equity ETF by 191.9% during the fourth quarter. CoreCap Advisors LLC now owns 2,820 shares of the company’s stock worth $83,000 after purchasing an additional 1,854 shares in the last quarter.

Capital Group International Focus Equity ETF Trading Up 2.3%

NYSEARCA CGXU traded up $0.79 during trading hours on Monday, reaching $35.67. The company had a trading volume of 915,381 shares, compared to its average volume of 916,253. The stock has a 50-day moving average of $31.74 and a 200 day moving average of $31.03. Capital Group International Focus Equity ETF has a 1-year low of $26.08 and a 1-year high of $35.78. The stock has a market capitalization of $6.17 billion, a P/E ratio of 17.44 and a beta of 0.93.

About Capital Group International Focus Equity ETF

(Get Free Report)

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.

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