Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Shares Shorted: Short Interest Down 86.5% in September

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 92,311 shares, a decrease of 86.5% from the August 31st total of 682,122 shares. Based on an average trading volume of 1,216,025 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CGXU. Security National Bank of Sioux City Iowa IA raised its holdings in shares of Capital Group International Focus Equity ETF by 28.4% during the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 73,533 shares of the company’s stock valued at $2,546,000 after buying an additional 16,243 shares during the period. Rose Capital Advisors LLC purchased a new position in Capital Group International Focus Equity ETF in the 2nd quarter worth approximately $1,704,000. Kestra Advisory Services LLC boosted its holdings in Capital Group International Focus Equity ETF by 5.7% in the 1st quarter. Kestra Advisory Services LLC now owns 1,141,672 shares of the company’s stock worth $33,668,000 after acquiring an additional 61,207 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Capital Group International Focus Equity ETF by 3.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,587,943 shares of the company’s stock valued at $224,224,000 after acquiring an additional 257,468 shares in the last quarter. Finally, Continuum Advisory LLC grew its position in Capital Group International Focus Equity ETF by 25.8% in the first quarter. Continuum Advisory LLC now owns 155,139 shares of the company’s stock valued at $4,575,000 after acquiring an additional 31,821 shares in the last quarter.

Capital Group International Focus Equity ETF Trading Up 1.1%

Shares of CGXU stock opened at $34.99 on Friday. The company’s fifty day simple moving average is $34.61 and its 200-day simple moving average is $33.32. Capital Group International Focus Equity ETF has a 52 week low of $28.14 and a 52 week high of $36.27. The company has a market cap of $6.90 billion, a PE ratio of 17.44 and a beta of 0.95.

Capital Group International Focus Equity ETF Announces Dividend

The business also recently declared a semiannual dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were issued a $0.4123 dividend. This represents a yield of 238.0%. The ex-dividend date was Tuesday, June 30th.

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.