Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Short Interest Down 66.5% in July

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 7,652 shares, a decrease of 66.5% from the July 15th total of 22,830 shares. Based on an average daily trading volume, of 2,162 shares, the days-to-cover ratio is presently 3.5 days. Currently, 0.8% of the company’s stock are sold short.

Texas Capital Texas Equity Index ETF Stock Up 0.4%

NYSEARCA TXS traded up $0.19 on Friday, reaching $42.74. The company had a trading volume of 1,689 shares, compared to its average volume of 2,976. The stock has a market capitalization of $39.32 million, a P/E ratio of 20.54 and a beta of 0.86. The company’s fifty day moving average is $40.56 and its 200 day moving average is $39.30. Texas Capital Texas Equity Index ETF has a 52-week low of $34.46 and a 52-week high of $42.79.

Institutional Trading of Texas Capital Texas Equity Index ETF

A hedge fund recently bought a new stake in Texas Capital Texas Equity Index ETF stock. Optima Capital LLC bought a new stake in Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,034 shares of the company’s stock, valued at approximately $37,000. Optima Capital LLC owned about 0.12% of Texas Capital Texas Equity Index ETF at the end of the most recent reporting period.

About Texas Capital Texas Equity Index ETF

The Texas Capital Texas Equity Index ETF (TXS) is an exchange-traded fund that is based on the Texas Capital Texas Equity index. The fund seeks to track a tier-weighted-equity index comprised of companies headquartered in Texas. The fund invests in various industries, sectors, and sizes TXS was launched on Jul 12, 2023 and is issued by Texas Capital.