Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Short Interest Update

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 7,399 shares, a decline of 56.4% from the August 15th total of 16,977 shares. Based on an average trading volume of 2,807 shares, the short-interest ratio is currently 2.6 days. Approximately 0.8% of the company’s stock are sold short.

Texas Capital Texas Equity Index ETF Price Performance

Shares of TXS traded up $0.23 during mid-day trading on Monday, reaching $42.40. The company’s stock had a trading volume of 788 shares, compared to its average volume of 2,989. The company’s 50 day moving average is $41.53 and its 200 day moving average is $39.89. Texas Capital Texas Equity Index ETF has a 12-month low of $34.46 and a 12-month high of $42.79. The stock has a market cap of $39.01 million, a PE ratio of 20.54 and a beta of 0.86.

Texas Capital Texas Equity Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 26th were given a dividend of $0.0873 per share. This represents a $0.35 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, June 26th. This is an increase from Texas Capital Texas Equity Index ETF’s previous quarterly dividend of $0.07.

Institutional Investors Weigh In On Texas Capital Texas Equity Index ETF

An institutional investor recently bought a new position in Texas Capital Texas Equity Index ETF stock. Ankerstar Wealth LLC bought a new position in shares of Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 38,431 shares of the company’s stock, valued at approximately $1,366,000. Texas Capital Texas Equity Index ETF accounts for about 1.4% of Ankerstar Wealth LLC’s holdings, making the stock its 15th largest holding. Ankerstar Wealth LLC owned approximately 4.37% of Texas Capital Texas Equity Index ETF at the end of the most recent quarter.

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.