Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Short Interest Update

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 995,204 shares, an increase of 72.6% from the December 15th total of 576,755 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 747,127 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily trading volume, of 747,127 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.7% of the shares of the stock are short sold.

Capital Group International Focus Equity ETF Price Performance

Shares of NYSEARCA:CGXU traded down $0.01 on Thursday, reaching $30.97. 698,072 shares of the company traded hands, compared to its average volume of 731,344. The stock has a market capitalization of $4.66 billion, a PE ratio of 17.44 and a beta of 0.92. The company’s 50 day moving average is $30.09 and its 200-day moving average is $29.11. Capital Group International Focus Equity ETF has a fifty-two week low of $21.17 and a fifty-two week high of $31.26.

Capital Group International Focus Equity ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were given a $1.2734 dividend. The ex-dividend date was Friday, December 26th. This represents a dividend yield of 856.0%.

Institutional Trading of Capital Group International Focus Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Geneos Wealth Management Inc. boosted its holdings in shares of Capital Group International Focus Equity ETF by 76.2% in the first quarter. Geneos Wealth Management Inc. now owns 4,945 shares of the company’s stock worth $121,000 after buying an additional 2,139 shares during the period. Fiduciary Alliance LLC purchased a new stake in shares of Capital Group International Focus Equity ETF in the 2nd quarter valued at approximately $1,821,000. Inspirion Wealth Advisors LLC lifted its position in shares of Capital Group International Focus Equity ETF by 0.7% in the 2nd quarter. Inspirion Wealth Advisors LLC now owns 1,515,751 shares of the company’s stock valued at $41,122,000 after acquiring an additional 10,449 shares in the last quarter. Procyon Advisors LLC boosted its stake in Capital Group International Focus Equity ETF by 5.8% in the 2nd quarter. Procyon Advisors LLC now owns 99,719 shares of the company’s stock worth $2,705,000 after purchasing an additional 5,491 shares during the period. Finally, Lantz Financial LLC grew its position in Capital Group International Focus Equity ETF by 5.5% during the 2nd quarter. Lantz Financial LLC now owns 532,289 shares of the company’s stock worth $14,441,000 after purchasing an additional 27,902 shares in the last quarter.

Capital Group International Focus Equity ETF Company Profile

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.