Thornburg International Equity ETF (NASDAQ:TXUE) Sees Large Decrease in Short Interest

Thornburg International Equity ETF (NASDAQ:TXUE) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 11,960 shares, a decrease of 36.6% from the April 15th total of 18,869 shares. Based on an average daily trading volume, of 57,850 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Thornburg International Equity ETF Stock Performance

NASDAQ:TXUE traded up $0.25 during mid-day trading on Monday, hitting $33.99. 14,816 shares of the company’s stock traded hands, compared to its average volume of 65,196. The company has a fifty day moving average of $33.14 and a 200 day moving average of $32.41. Thornburg International Equity ETF has a twelve month low of $28.20 and a twelve month high of $35.12. The company has a market capitalization of $443.23 million, a P/E ratio of 18.04 and a beta of 0.42.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. acquired a new position in Thornburg International Equity ETF during the 2nd quarter valued at about $119,000. BCGM Wealth Management LLC acquired a new position in shares of Thornburg International Equity ETF in the fourth quarter valued at about $208,000. Thoroughbred Financial Services LLC acquired a new position in shares of Thornburg International Equity ETF in the third quarter valued at about $266,000. Cornerstone Wealth Group LLC acquired a new position in shares of Thornburg International Equity ETF in the third quarter valued at about $312,000. Finally, Ascentis Independent Advisors acquired a new position in shares of Thornburg International Equity ETF in the first quarter valued at about $390,000.

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.