Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Short Interest Down 66.0% in February

by · The Cerbat Gem

Capital Group International Focus Equity ETF (NYSEARCA:CGXU – Get Free Report) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 185,464 shares, a decrease of 66.0% from the February 12th total of 544,831 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,025,802 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 1,025,802 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CGXU. LPL Financial LLC boosted its holdings in Capital Group International Focus Equity ETF by 20.6% in the 4th quarter. LPL Financial LLC now owns 13,849,090 shares of the company’s stock worth $409,241,000 after buying an additional 2,364,368 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Capital Group International Focus Equity ETF by 3.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,587,943 shares of the company’s stock valued at $224,224,000 after purchasing an additional 257,468 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Capital Group International Focus Equity ETF by 3.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,817,543 shares of the company’s stock valued at $171,908,000 after acquiring an additional 221,029 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Capital Group International Focus Equity ETF by 0.9% during the fourth quarter. Raymond James Financial Inc. now owns 5,190,076 shares of the company’s stock worth $153,367,000 after buying an additional 44,561 shares during the period. Finally, UBS Group AG boosted its stake in shares of Capital Group International Focus Equity ETF by 4.5% during the 4th quarter. UBS Group AG now owns 5,061,926 shares of the company’s stock worth $149,580,000 after purchasing an additional 218,918 shares during the period.

Capital Group International Focus Equity ETF Trading Down 1.1%

Shares of NYSEARCA:CGXU traded down $0.32 during midday trading on Friday, reaching $29.09. The company had a trading volume of 700,668 shares, compared to its average volume of 995,240. Capital Group International Focus Equity ETF has a 52-week low of $21.17 and a 52-week high of $32.69. The company’s 50 day moving average price is $31.26 and its 200 day moving average price is $30.27. The stock has a market cap of $4.48 billion, a P/E ratio of 17.44 and a beta of 0.92.

Capital Group International Focus Equity ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a $1.2734 dividend. This represents a dividend yield of 856.0%. The ex-dividend date was Friday, December 26th.

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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