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

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

Thornburg International Equity ETF Stock Performance

NASDAQ TXUE traded up $0.70 during trading on Thursday, reaching $34.55. 27,475 shares of the company traded hands, compared to its average volume of 68,646. The stock’s 50 day moving average price is $33.98 and its two-hundred day moving average price is $32.91. The company has a market cap of $450.53 million, a price-to-earnings 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.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Empire Financial Management Company LLC raised its position in Thornburg International Equity ETF by 6.7% in the 1st quarter. Empire Financial Management Company LLC now owns 8,000 shares of the company’s stock worth $258,000 after purchasing an additional 500 shares during the last quarter. One Charles Private Wealth Services LLC lifted its stake in shares of Thornburg International Equity ETF by 26.8% in the 1st quarter. One Charles Private Wealth Services LLC now owns 204,515 shares of the company’s stock valued at $6,583,000 after purchasing an additional 43,201 shares during the period. D.A. Davidson & CO. lifted its stake 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 valued at $15,067,000 after purchasing an additional 83,180 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Thornburg International Equity ETF by 48.8% in the 1st quarter. Bank of New York Mellon Corp now owns 111,253 shares of the company’s stock valued at $3,581,000 after purchasing an additional 36,509 shares during the period. Finally, Sanctuary Advisors LLC lifted its stake in shares of Thornburg International Equity ETF by 102.0% in the 1st quarter. Sanctuary Advisors LLC now owns 87,065 shares of the company’s stock valued at $2,803,000 after purchasing an additional 43,960 shares during the period.

About Thornburg International Equity ETF

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.