Thornburg International Equity ETF (NASDAQ:TXUE) Sees Large Increase in Short Interest

Thornburg International Equity ETF (NASDAQ:TXUE) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 114,411 shares, an increase of 356.7% from the September 15th total of 25,053 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 68,444 shares, the short-interest ratio is presently 1.7 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TXUE. Financial Designs Corp grew its position in shares of Thornburg International Equity ETF by 9.6% in the third quarter. Financial Designs Corp now owns 294,455 shares of the company’s stock valued at $10,223,000 after purchasing an additional 25,780 shares during the last quarter. Baird Financial Group Inc. acquired a new position in Thornburg International Equity ETF in the 2nd quarter valued at about $2,508,000. XY Planning Network Inc. purchased a new position in Thornburg International Equity ETF in the 2nd quarter valued at about $322,000. Clay Northam Wealth Management LLC lifted its holdings 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 in the last quarter. Finally, Gill Capital Partners LLC acquired a new stake in shares of Thornburg International Equity ETF during the 2nd quarter worth about $1,007,000.

Thornburg International Equity ETF Trading Up 0.0%

Shares of NASDAQ:TXUE traded up $0.01 during midday trading on Monday, hitting $34.56. The stock had a trading volume of 7,552 shares, compared to its average volume of 58,718. Thornburg International Equity ETF has a 1 year low of $29.78 and a 1 year high of $38.40. The stock has a 50 day moving average price of $35.80 and a two-hundred day moving average price of $34.74. The company has a market capitalization of $559.20 million, a PE ratio of 18.04 and a beta of 0.41.

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.