Short Interest in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Drops By 61.9%

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 379,586 shares, a decrease of 61.9% from the December 31st total of 995,204 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 731,390 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 731,390 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On Capital Group International Focus Equity ETF

A number of hedge funds have recently bought and sold shares of CGXU. IFP Advisors Inc lifted its holdings in Capital Group International Focus Equity ETF by 114.2% in the 2nd quarter. IFP Advisors Inc now owns 1,176 shares of the company’s stock worth $32,000 after purchasing an additional 627 shares in the last quarter. Cullen Frost Bankers Inc. bought a new stake in shares of Capital Group International Focus Equity ETF during the third quarter valued at approximately $35,000. Assetmark Inc. purchased a new position in shares of Capital Group International Focus Equity ETF in the second quarter worth $64,000. Mather Group LLC. purchased a new position in Capital Group International Focus Equity ETF during the third quarter valued at $82,000. Finally, CoreCap Advisors LLC grew its stake in Capital Group International Focus Equity ETF by 191.9% during the fourth quarter. CoreCap Advisors LLC now owns 2,820 shares of the company’s stock valued at $83,000 after acquiring an additional 1,854 shares in the last quarter.

Capital Group International Focus Equity ETF Trading Up 0.4%

NYSEARCA CGXU traded up $0.13 during trading on Thursday, hitting $31.89. The company had a trading volume of 844,319 shares, compared to its average volume of 770,638. The company’s fifty day moving average is $30.38 and its 200-day moving average is $29.41. Capital Group International Focus Equity ETF has a one year low of $21.17 and a one year high of $32.21. The company has a market cap of $4.85 billion, a price-to-earnings ratio of 17.44 and a beta of 0.92.

Capital Group International Focus Equity ETF Dividend Announcement

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

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.