Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Stock Short Interest Jumps 814.2%

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 843,881 shares, a growth of 814.2% from the September 15th total of 92,311 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 1,083,977 shares, the short-interest ratio is presently 0.8 days.

Capital Group International Focus Equity ETF Price Performance

CGXU stock opened at $34.00 on Monday. Capital Group International Focus Equity ETF has a twelve month low of $28.14 and a twelve month high of $36.27. The firm has a market cap of $6.79 billion, a PE ratio of 17.44 and a beta of 0.95. The business has a 50 day moving average of $34.82 and a 200 day moving average of $33.69.

Institutional Investors Weigh In On Capital Group International Focus Equity ETF

Several hedge funds have recently added to or reduced their stakes in CGXU. Burford Brothers Inc. increased its holdings in shares of Capital Group International Focus Equity ETF by 0.6% in the 1st quarter. Burford Brothers Inc. now owns 65,866 shares of the company’s stock worth $1,942,000 after purchasing an additional 362 shares in the last quarter. 180 Wealth Advisors LLC raised its stake in shares of Capital Group International Focus Equity ETF by 1.6% in the first quarter. 180 Wealth Advisors LLC now owns 34,392 shares of the company’s stock worth $1,014,000 after purchasing an additional 540 shares during the last quarter. Wealthspire Retirement LLC lifted its holdings in shares of Capital Group International Focus Equity ETF by 1.8% during the first quarter. Wealthspire Retirement LLC now owns 30,478 shares of the company’s stock valued at $899,000 after purchasing an additional 540 shares in the last quarter. MCF Advisors LLC lifted its holdings in shares of Capital Group International Focus Equity ETF by 336.3% during the second quarter. MCF Advisors LLC now owns 1,069 shares of the company’s stock valued at $37,000 after purchasing an additional 824 shares in the last quarter. Finally, Bill Few Associates Inc. boosted its position in shares of Capital Group International Focus Equity ETF by 1.0% during the second quarter. Bill Few Associates Inc. now owns 85,922 shares of the company’s stock valued at $2,975,000 after buying an additional 851 shares during the last quarter.

Capital Group International Focus Equity ETF Company Profile

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.