Thornburg International Equity ETF (NASDAQ:TXUE) Shares Shorted: Short Interest Down 51.1% in October

Thornburg International Equity ETF (NASDAQ:TXUE) saw a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 30,417 shares, a decline of 51.1% from the October 15th total of 62,149 shares. Based on an average trading volume of 58,858 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

Thornburg International Equity ETF Price Performance

Thornburg International Equity ETF stock traded up $0.07 during mid-day trading on Friday, reaching $35.54. 56,765 shares of the stock traded hands, compared to its average volume of 59,880. The stock has a market capitalization of $604.18 million, a PE ratio of 18.48 and a beta of 0.42. Thornburg International Equity ETF has a 12-month low of $29.78 and a 12-month high of $38.40. The business’s 50-day moving average is $35.06 and its 200-day moving average is $34.51.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Marshall Wace LLP bought a new stake in shares of Thornburg International Equity ETF during the 3rd quarter valued at about $220,000. Adapt Wealth Advisors LLC increased its position in shares of Thornburg International Equity ETF by 1.3% during the 3rd quarter. Adapt Wealth Advisors LLC now owns 383,502 shares of the company’s stock valued at $13,315,000 after purchasing an additional 4,861 shares during the last quarter. Private Wealth Asset Management LLC bought a new position in shares of Thornburg International Equity ETF in the 3rd quarter worth approximately $1,295,000. Private Advisor Group LLC lifted its stake in shares of Thornburg International Equity ETF by 61.9% in the 3rd quarter. Private Advisor Group LLC now owns 263,571 shares of the company’s stock worth $9,151,000 after purchasing an additional 100,748 shares during the period. Finally, HighTower Advisors LLC bought a new position in shares of Thornburg International Equity ETF in the 3rd quarter worth approximately $59,789,000.

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.