Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Short Interest Up 607.0% in June

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,377,570 shares, an increase of 607.0% from the June 15th total of 477,722 shares. Based on an average daily volume of 969,976 shares, the short-interest ratio is presently 3.5 days. Currently, 1.8% of the shares of the company are sold short.

Capital Group International Focus Equity ETF Trading Up 0.3%

Shares of NYSEARCA:CGXU traded up $0.12 during mid-day trading on Friday, reaching $34.43. The company had a trading volume of 636,199 shares, compared to its average volume of 924,805. Capital Group International Focus Equity ETF has a one year low of $26.31 and a one year high of $36.27. The company’s 50-day moving average price is $34.21 and its 200-day moving average price is $32.04. The firm has a market cap of $6.31 billion, a price-to-earnings ratio of 17.44 and a beta of 0.94.

Institutional Trading of Capital Group International Focus Equity ETF

Several hedge funds have recently made changes to their positions in CGXU. Armstrong Fleming & Moore Inc boosted its position in shares of Capital Group International Focus Equity ETF by 2.7% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 779,611 shares of the company’s stock valued at $23,038,000 after acquiring an additional 20,588 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in Capital Group International Focus Equity ETF by 24.4% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 617,695 shares of the company’s stock worth $18,253,000 after acquiring an additional 120,978 shares during the period. Prime Capital Investment Advisors LLC increased its holdings in Capital Group International Focus Equity ETF by 81.2% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 74,830 shares of the company’s stock worth $2,211,000 after acquiring an additional 33,544 shares during the period. Assetmark Inc. lifted its stake in Capital Group International Focus Equity ETF by 157.6% in the 4th quarter. Assetmark Inc. now owns 49,244 shares of the company’s stock worth $1,455,000 after purchasing an additional 30,131 shares in the last quarter. Finally, Michael Brady & Co. LLC purchased a new stake in Capital Group International Focus Equity ETF in the 4th quarter worth approximately $7,845,000.

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.