Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Short Interest Down 86.9% in August

by · The Cerbat Gem

Capital Group International Focus Equity ETF (NYSEARCA:CGXU – Get Free Report) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 682,122 shares, a drop of 86.9% from the August 15th total of 5,191,198 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 803,052 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Clearstead Trust LLC purchased a new stake in shares of Capital Group International Focus Equity ETF in the fourth quarter valued at approximately $683,000. Cambridge Investment Research Advisors Inc. raised its position in Capital Group International Focus Equity ETF by 10.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 1,040,788 shares of the company’s stock worth $30,755,000 after acquiring an additional 100,726 shares in the last quarter. Axxcess Wealth Management LLC raised its position in Capital Group International Focus Equity ETF by 390.6% in the fourth quarter. Axxcess Wealth Management LLC now owns 343,908 shares of the company’s stock worth $10,162,000 after acquiring an additional 273,802 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in Capital Group International Focus Equity ETF in the fourth quarter valued at $663,000. Finally, Kestra Advisory Services LLC lifted its holdings in Capital Group International Focus Equity ETF by 5.7% in the first quarter. Kestra Advisory Services LLC now owns 1,141,672 shares of the company’s stock valued at $33,668,000 after acquiring an additional 61,207 shares during the period.

Capital Group International Focus Equity ETF Stock Up 1.4%

NYSEARCA CGXU traded up $0.47 on Friday, hitting $35.34. 643,953 shares of the stock were exchanged, compared to its average volume of 934,977. Capital Group International Focus Equity ETF has a fifty-two week low of $28.14 and a fifty-two week high of $36.27. The company has a market cap of $6.58 billion, a PE ratio of 17.44 and a beta of 0.95. The company has a 50-day moving average price of $34.41 and a 200-day moving average price of $33.07.

Capital Group International Focus Equity ETF Dividend Announcement

The firm also recently announced a semiannual dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were issued a $0.4123 dividend. This represents a yield of 238.0%. The ex-dividend date of this dividend was Tuesday, June 30th.

Capital Group International Focus Equity ETF Company Profile

(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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