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

by · The Markets Daily

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS – Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 7,399 shares, a drop of 56.4% from the August 15th total of 16,977 shares. Based on an average daily trading volume, of 2,807 shares, the short-interest ratio is currently 2.6 days. Currently, 0.8% of the company’s shares are short sold.

Institutional Trading of Texas Capital Texas Equity Index ETF

A hedge fund recently bought a new stake in Texas Capital Texas Equity Index ETF stock. Ameritas Advisory Services LLC acquired a new stake in Texas Capital Texas Equity Index ETF (NYSEARCA:TXS – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,000 shares of the company’s stock, valued at approximately $40,000. Ameritas Advisory Services LLC owned approximately 0.11% of Texas Capital Texas Equity Index ETF as of its most recent filing with the Securities & Exchange Commission.

Texas Capital Texas Equity Index ETF Stock Performance

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

Texas Capital Texas Equity Index ETF Increases Dividend

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

About Texas Capital Texas Equity Index ETF

(Get Free Report)

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.

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