Thornburg International Equity ETF (NASDAQ:TXUE) Short Interest Down 41.0% in June

Thornburg International Equity ETF (NASDAQ:TXUE) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 36,035 shares, a drop of 41.0% from the May 31st total of 61,044 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 82,046 shares, the days-to-cover ratio is currently 0.4 days.

Thornburg International Equity ETF Stock Performance

Shares of NASDAQ TXUE traded up $0.59 during trading on Thursday, hitting $34.86. 23,936 shares of the company traded hands, compared to its average volume of 65,263. The business’s fifty day moving average is $34.30 and its 200 day moving average is $33.28. Thornburg International Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $35.98. The firm has a market capitalization of $454.57 million, a price-to-earnings ratio of 18.04 and a beta of 0.39.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its holdings in Thornburg International Equity ETF by 1.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,151,182 shares of the company’s stock worth $100,633,000 after acquiring an additional 30,929 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Thornburg International Equity ETF by 73.0% during the fourth quarter. HighTower Advisors LLC now owns 1,135,695 shares of the company’s stock worth $35,604,000 after purchasing an additional 479,087 shares during the period. IFC Advisors LLC acquired a new position in shares of Thornburg International Equity ETF during the first quarter worth approximately $15,717,000. D.A. Davidson & CO. lifted its holdings in shares of Thornburg International Equity ETF by 21.6% in the 1st quarter. D.A. Davidson & CO. now owns 468,050 shares of the company’s stock worth $15,067,000 after purchasing an additional 83,180 shares in the last quarter. Finally, Channel Wealth LLC lifted its holdings in shares of Thornburg International Equity ETF by 13.7% in the 4th quarter. Channel Wealth LLC now owns 465,590 shares of the company’s stock worth $14,596,000 after purchasing an additional 55,956 shares in the last quarter.

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.