Thornburg International Equity ETF (NASDAQ:TXUE) Stock Short Interest Drops 45.7%

Thornburg International Equity ETF (NASDAQ:TXUE) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 62,149 shares, a decrease of 45.7% from the September 30th total of 114,411 shares. Based on an average trading volume of 83,582 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.4% of the company’s stock are sold short.

Thornburg International Equity ETF Trading Down 0.3%

Shares of NASDAQ TXUE opened at $34.70 on Friday. The stock has a market cap of $581.57 million, a P/E ratio of 18.04 and a beta of 0.41. The business’s fifty day simple moving average is $35.28 and its 200-day simple moving average is $34.37. Thornburg International Equity ETF has a 12-month low of $29.78 and a 12-month high of $38.40.

Institutional Trading of Thornburg International Equity ETF

Hedge funds have recently added to or reduced their stakes in the company. D.A. Davidson & CO. lifted its stake in Thornburg International Equity ETF by 6.2% in the third quarter. D.A. Davidson & CO. now owns 517,077 shares of the company’s stock worth $17,953,000 after acquiring an additional 30,332 shares during the last quarter. IFC Advisors LLC acquired a new position in Thornburg International Equity ETF during the 1st quarter worth approximately $15,717,000. Oppenheimer & Co. Inc. grew its holdings in Thornburg International Equity ETF by 12.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 371,413 shares of the company’s stock worth $12,895,000 after acquiring an additional 40,807 shares in the last quarter. Cooper Capital Advisors LLC increased its position in shares of Thornburg International Equity ETF by 3.2% in the 3rd quarter. Cooper Capital Advisors LLC now owns 329,560 shares of the company’s stock valued at $11,442,000 after purchasing an additional 10,228 shares during the last quarter. Finally, Financial Designs Corp increased its position in shares of Thornburg International Equity ETF by 9.6% in the 3rd 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.

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.