Thornburg International Equity ETF (NASDAQ:TXUE) Short Interest Update

Thornburg International Equity ETF (NASDAQ:TXUE) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 25,361 shares, a decline of 40.1% from the August 15th total of 42,373 shares. Based on an average daily trading volume, of 45,303 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Thornburg International Equity ETF

A number of hedge funds have recently made changes to their positions in TXUE. Baird Financial Group Inc. bought a new stake in shares of Thornburg International Equity ETF during the 2nd quarter valued at approximately $2,508,000. XY Planning Network Inc. bought a new position in Thornburg International Equity ETF in the 2nd quarter valued at approximately $322,000. Clay Northam Wealth Management LLC lifted its stake in Thornburg International Equity ETF by 19.1% in the 2nd quarter. Clay Northam Wealth Management LLC now owns 28,625 shares of the company’s stock valued at $988,000 after purchasing an additional 4,600 shares during the last quarter. Gill Capital Partners LLC acquired a new stake in Thornburg International Equity ETF in the second quarter valued at approximately $1,007,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in Thornburg International Equity ETF by 27.9% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 22,286 shares of the company’s stock valued at $769,000 after buying an additional 4,858 shares in the last quarter.

Thornburg International Equity ETF Price Performance

NASDAQ:TXUE traded down $0.16 during trading hours on Wednesday, hitting $35.32. The company’s stock had a trading volume of 37,018 shares, compared to its average volume of 56,713. The stock has a fifty day simple moving average of $35.80 and a 200-day simple moving average of $34.47. The company has a market capitalization of $549.58 million, a P/E ratio of 18.04 and a beta of 0.38. Thornburg International Equity ETF has a twelve month low of $29.78 and a twelve month high of $38.40.

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.