Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Short Interest Down 61.9% in January

by · The Markets Daily

Capital Group International Focus Equity ETF (NYSEARCA:CGXU – Get Free Report) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 379,586 shares, a drop of 61.9% from the December 31st total of 995,204 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 731,390 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 731,390 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Capital Group International Focus Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Armstrong Fleming & Moore Inc bought a new position in Capital Group International Focus Equity ETF during the 2nd quarter valued at approximately $19,604,000. Aprio Wealth Management LLC increased its holdings in shares of Capital Group International Focus Equity ETF by 133.8% in the 4th quarter. Aprio Wealth Management LLC now owns 1,255,985 shares of the company’s stock worth $37,114,000 after buying an additional 718,702 shares during the last quarter. Cerity Partners LLC grew its stake in shares of Capital Group International Focus Equity ETF by 16.6% during the third quarter. Cerity Partners LLC now owns 4,173,527 shares of the company’s stock valued at $123,620,000 after buying an additional 594,999 shares during the last quarter. Inspirion Wealth Advisors LLC increased its stake in shares of Capital Group International Focus Equity ETF by 38.5% during the fourth quarter. Inspirion Wealth Advisors LLC now owns 1,890,344 shares of the company’s stock valued at $55,860,000 after buying an additional 525,838 shares during the period. Finally, Sei Investments Co. grew its stake in Capital Group International Focus Equity ETF by 27.4% in the third quarter. Sei Investments Co. now owns 1,715,783 shares of the company’s stock valued at $50,822,000 after purchasing an additional 369,365 shares during the last quarter.

Capital Group International Focus Equity ETF Stock Performance

Shares of NYSEARCA:CGXU traded down $0.65 during midday trading on Friday, hitting $31.24. 883,281 shares of the stock were exchanged, compared to its average volume of 776,269. The stock has a market capitalization of $4.84 billion, a price-to-earnings ratio of 17.44 and a beta of 0.92. The business’s 50-day moving average price is $30.43 and its 200 day moving average price is $29.44. Capital Group International Focus Equity ETF has a 12 month low of $21.17 and a 12 month high of $32.21.

Capital Group International Focus Equity ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were issued a $1.2734 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a yield of 856.0%.

About Capital Group International Focus Equity ETF

(Get Free Report)

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.

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