Short Interest in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Decreases By 83.1%

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 570,516 shares, a decline of 83.1% from the June 30th total of 3,377,570 shares. Based on an average trading volume of 999,587 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On Capital Group International Focus Equity ETF

Institutional investors have recently made changes to their positions in the business. Quadrant Capital Group LLC acquired a new stake in shares of Capital Group International Focus Equity ETF during the fourth quarter worth approximately $28,000. Parallel Advisors LLC acquired a new stake in Capital Group International Focus Equity ETF in the first quarter valued at $68,000. IFP Advisors Inc boosted its stake in Capital Group International Focus Equity ETF by 103.1% during the 3rd quarter. IFP Advisors Inc now owns 2,388 shares of the company’s stock valued at $71,000 after acquiring an additional 1,212 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in Capital Group International Focus Equity ETF by 18.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,756 shares of the company’s stock valued at $81,000 after acquiring an additional 436 shares during the last quarter. Finally, CoreCap Advisors LLC grew its holdings in Capital Group International Focus Equity ETF by 191.9% during the 4th quarter. CoreCap Advisors LLC now owns 2,820 shares of the company’s stock worth $83,000 after acquiring an additional 1,854 shares in the last quarter.

Capital Group International Focus Equity ETF Stock Performance

Shares of NYSEARCA:CGXU traded down $0.19 during trading on Monday, hitting $33.06. The company’s stock had a trading volume of 697,627 shares, compared to its average volume of 921,203. The company has a market capitalization of $6.13 billion, a PE ratio of 17.44 and a beta of 0.94. Capital Group International Focus Equity ETF has a fifty-two week low of $26.31 and a fifty-two week high of $36.27. The stock’s 50-day moving average price is $34.31 and its two-hundred day moving average price is $32.30.

About Capital Group International Focus Equity ETF

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.