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

Thornburg International Equity ETF (NASDAQ:TXUE) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 61,044 shares, a growth of 416.7% from the May 14th total of 11,815 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 71,132 shares, the days-to-cover ratio is presently 0.9 days.

Thornburg International Equity ETF Price Performance

Shares of Thornburg International Equity ETF stock traded up $0.01 during trading on Friday, hitting $34.59. 27,641 shares of the company were exchanged, compared to its average volume of 68,272. The firm has a market capitalization of $451.05 million, a P/E ratio of 18.04 and a beta of 0.39. Thornburg International Equity ETF has a 1-year low of $28.29 and a 1-year high of $35.12. The firm’s fifty day moving average price is $34.03 and its 200 day moving average price is $32.94.

Hedge Funds Weigh In On Thornburg International Equity ETF

Several institutional investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in shares of Thornburg International Equity ETF in the 2nd quarter valued at approximately $1,512,000. Osaic Holdings Inc. acquired a new position in shares of Thornburg International Equity ETF in the 2nd quarter valued at approximately $119,000. HighTower Advisors LLC grew its position in shares of Thornburg International Equity ETF by 107.0% in the 3rd quarter. HighTower Advisors LLC now owns 656,608 shares of the company’s stock valued at $19,952,000 after purchasing an additional 339,468 shares during the period. Financial Designs Corp grew its position in shares of Thornburg International Equity ETF by 10.5% in the 3rd quarter. Financial Designs Corp now owns 272,655 shares of the company’s stock valued at $8,286,000 after purchasing an additional 25,797 shares during the period. Finally, Adapt Wealth Advisors LLC grew its position in shares of Thornburg International Equity ETF by 82.3% in the 3rd quarter. Adapt Wealth Advisors LLC now owns 353,738 shares of the company’s stock valued at $10,749,000 after purchasing an additional 159,746 shares during the period.

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.