Thornburg International Equity ETF (NASDAQ:TXUE) Sees Significant Drop in Short Interest

Thornburg International Equity ETF (NASDAQ:TXUE) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 36,035 shares, a decline of 41.0% from the May 31st total of 61,044 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 82,046 shares, the days-to-cover ratio is currently 0.4 days.

Thornburg International Equity ETF Stock Down 0.7%

NASDAQ TXUE traded down $0.24 during trading hours on Wednesday, reaching $34.28. 17,089 shares of the company were exchanged, compared to its average volume of 65,305. The stock has a market capitalization of $447.01 million, a P/E ratio of 18.04 and a beta of 0.39. Thornburg International Equity ETF has a 1 year low of $28.95 and a 1 year high of $35.98. The business’s 50 day simple moving average is $34.30 and its 200-day simple moving average is $33.26.

Institutional Investors Weigh In On Thornburg International Equity ETF

Large investors have recently modified their holdings of the stock. Osaic Holdings Inc. bought a new stake in shares of Thornburg International Equity ETF in the 2nd quarter worth approximately $119,000. BCGM Wealth Management LLC purchased a new position in Thornburg International Equity ETF in the fourth quarter valued at approximately $208,000. Empire Financial Management Company LLC grew its holdings in Thornburg International Equity ETF by 6.7% during the first quarter. Empire Financial Management Company LLC now owns 8,000 shares of the company’s stock valued at $258,000 after purchasing an additional 500 shares during the period. Cornerstone Wealth Group LLC grew its holdings in Thornburg International Equity ETF by 4.8% during the fourth quarter. Cornerstone Wealth Group LLC now owns 10,747 shares of the company’s stock valued at $337,000 after purchasing an additional 491 shares during the period. Finally, Ascentis Independent Advisors purchased a new stake in Thornburg International Equity ETF in the first quarter worth $390,000.

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.