Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Sees Significant Decline in Short Interest

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) was the recipient of a large decrease in short interest in October. As of October 30th, there was short interest totaling 335,919 shares, a decrease of 85.4% from the October 15th total of 2,302,179 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 1,098,435 shares, the short-interest ratio is currently 0.3 days.

Capital Group International Focus Equity ETF Trading Down 0.9%

Shares of CGXU stock opened at $31.19 on Wednesday. Capital Group International Focus Equity ETF has a 12 month low of $28.14 and a 12 month high of $36.27. The company has a market capitalization of $6.39 billion, a P/E ratio of 15.00 and a beta of 0.97. The stock has a 50 day moving average of $33.58 and a two-hundred day moving average of $32.98.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CGXU. Private Advisor Group LLC increased its holdings in Capital Group International Focus Equity ETF by 58.7% in the 3rd quarter. Private Advisor Group LLC now owns 1,897,302 shares of the company’s stock valued at $65,059,000 after buying an additional 701,501 shares during the period. BHK Investment Advisors LLC bought a new position in shares of Capital Group International Focus Equity ETF during the 3rd quarter worth about $329,000. Global Retirement Partners LLC lifted its holdings in shares of Capital Group International Focus Equity ETF by 13.3% during the 3rd quarter. Global Retirement Partners LLC now owns 42,292 shares of the company’s stock worth $1,450,000 after acquiring an additional 4,980 shares during the period. Rothschild Investment LLC boosted its position in shares of Capital Group International Focus Equity ETF by 32.2% during the 3rd quarter. Rothschild Investment LLC now owns 61,240 shares of the company’s stock valued at $2,100,000 after acquiring an additional 14,905 shares in the last quarter. Finally, Vawter Financial Ltd. acquired a new stake in shares of Capital Group International Focus Equity ETF during the 3rd quarter valued at about $11,388,000.

Capital Group International Focus Equity ETF Company Profile

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.