Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Short Interest Update

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 5,191,198 shares, an increase of 521.2% from the July 30th total of 835,623 shares. Currently, 2.8% of the shares of the stock are short sold. Based on an average daily volume of 807,650 shares, the days-to-cover ratio is currently 6.4 days.

Capital Group International Focus Equity ETF Price Performance

CGXU traded up $0.07 during trading on Friday, reaching $35.41. 79,609 shares of the stock were exchanged, compared to its average volume of 914,510. The company has a market capitalization of $6.60 billion, a price-to-earnings ratio of 17.44 and a beta of 0.95. Capital Group International Focus Equity ETF has a 1 year low of $27.63 and a 1 year high of $36.27. The business’s 50 day moving average price is $34.34 and its two-hundred day moving average price is $32.87.

Institutional Investors Weigh In On Capital Group International Focus Equity ETF

Large investors have recently added to or reduced their stakes in the business. Quadrant Capital Group LLC purchased a new stake in shares of Capital Group International Focus Equity ETF in the fourth quarter valued at about $28,000. Parallel Advisors LLC purchased a new position in shares of Capital Group International Focus Equity ETF during the 1st quarter worth approximately $68,000. CIBC Private Wealth Group LLC raised its position in shares of Capital Group International Focus Equity ETF by 18.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,756 shares of the company’s stock worth $81,000 after purchasing an additional 436 shares during the last quarter. Anchor Investment Management LLC acquired a new position in shares of Capital Group International Focus Equity ETF during the 4th quarter worth approximately $111,000. Finally, IFP Advisors Inc lifted its stake in Capital Group International Focus Equity ETF by 82.3% in the 4th quarter. IFP Advisors Inc now owns 4,350 shares of the company’s stock valued at $129,000 after buying an additional 1,964 shares in the last quarter.

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.