Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Short Interest Down 86.9% in August

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 682,122 shares, a decline of 86.9% from the August 15th total of 5,191,198 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 803,052 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Capital Group International Focus Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Quadrant Capital Group LLC purchased a new position in shares of Capital Group International Focus Equity ETF in the fourth quarter worth $28,000. MCF Advisors LLC raised its holdings in Capital Group International Focus Equity ETF by 336.3% during the 2nd quarter. MCF Advisors LLC now owns 1,069 shares of the company’s stock valued at $37,000 after buying an additional 824 shares during the last quarter. Parallel Advisors LLC purchased a new stake in Capital Group International Focus Equity ETF during the 1st quarter valued at $68,000. CIBC Private Wealth Group LLC boosted its position in 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 valued at $81,000 after buying an additional 436 shares during the period. Finally, Anchor Investment Management LLC purchased a new stake in Capital Group International Focus Equity ETF during the 4th quarter valued at $111,000.

Capital Group International Focus Equity ETF Trading Up 1.3%

NYSEARCA CGXU opened at $35.32 on Friday. Capital Group International Focus Equity ETF has a 1-year low of $28.14 and a 1-year high of $36.27. The stock has a 50-day moving average of $34.43 and a 200-day moving average of $33.08. The firm has a market cap of $6.58 billion, a PE ratio of 17.44 and a beta of 0.95.

Capital Group International Focus Equity ETF Announces Dividend

The business also recently declared a semiannual dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were paid a $0.4123 dividend. This represents a yield of 238.0%. The ex-dividend date of this dividend was Tuesday, June 30th.

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.