Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Short Interest Up 611.9% in July

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 22,830 shares, a growth of 611.9% from the June 30th total of 3,207 shares. Currently, 2.5% of the company’s shares are short sold. Based on an average daily volume of 5,467 shares, the short-interest ratio is presently 4.2 days.

Texas Capital Texas Equity Index ETF Stock Up 1.3%

Shares of NYSEARCA TXS traded up $0.54 during mid-day trading on Friday, hitting $40.71. 889 shares of the company traded hands, compared to its average volume of 2,970. Texas Capital Texas Equity Index ETF has a 1 year low of $34.13 and a 1 year high of $41.19. The stock has a market capitalization of $37.45 million, a price-to-earnings ratio of 20.54 and a beta of 0.87. The business has a 50 day moving average of $40.04 and a two-hundred day moving average of $38.79.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Texas Capital Texas Equity Index ETF stock. Ankerstar Wealth LLC bought a new position in Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 38,431 shares of the company’s stock, valued at approximately $1,366,000. Texas Capital Texas Equity Index ETF makes up about 1.4% of Ankerstar Wealth LLC’s portfolio, making the stock its 15th largest holding. Ankerstar Wealth LLC owned about 4.37% of Texas Capital Texas Equity Index ETF as of its most recent SEC filing.

About Texas Capital Texas Equity Index ETF

The Texas Capital Texas Equity Index ETF (TXS) is an exchange-traded fund that is based on the Texas Capital Texas Equity index. The fund seeks to track a tier-weighted-equity index comprised of companies headquartered in Texas. The fund invests in various industries, sectors, and sizes TXS was launched on Jul 12, 2023 and is issued by Texas Capital.