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

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

Thornburg International Equity ETF Trading Up 0.7%

Shares of NASDAQ TXUE traded up $0.25 during trading hours on Monday, hitting $33.99. 14,816 shares of the company traded hands, compared to its average volume of 65,196. The stock has a market capitalization of $443.23 million, a price-to-earnings ratio of 18.04 and a beta of 0.42. The company’s 50 day moving average price is $33.14 and its 200 day moving average price is $32.41. Thornburg International Equity ETF has a 12 month low of $28.20 and a 12 month high of $35.12.

Hedge Funds Weigh In On Thornburg International Equity ETF

Large investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Thornburg International Equity ETF by 1.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,151,182 shares of the company’s stock worth $100,633,000 after buying an additional 30,929 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Thornburg International Equity ETF by 73.0% in the 4th quarter. HighTower Advisors LLC now owns 1,135,695 shares of the company’s stock worth $35,604,000 after buying an additional 479,087 shares during the period. IFC Advisors LLC purchased a new stake in shares of Thornburg International Equity ETF in the 1st quarter worth $15,717,000. D.A. Davidson & CO. raised its position 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 acquiring an additional 83,180 shares in the last quarter. Finally, Channel Wealth LLC lifted its stake in shares of Thornburg International Equity ETF by 13.7% during 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 during 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.