Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Sees Large Increase in Short Interest

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 5,191,198 shares, an increase of 521.2% from the July 30th total of 835,623 shares. Based on an average daily trading volume, of 807,650 shares, the short-interest ratio is currently 6.4 days. Currently, 2.8% of the company’s stock are short sold.

Capital Group International Focus Equity ETF Stock Performance

NYSEARCA:CGXU opened at $35.23 on Wednesday. Capital Group International Focus Equity ETF has a 52-week low of $27.63 and a 52-week high of $36.27. The company has a market cap of $6.56 billion, a P/E ratio of 17.44 and a beta of 0.95. The stock’s 50-day simple moving average is $34.36 and its 200 day simple moving average is $32.81.

Institutional Investors Weigh In On Capital Group International Focus Equity ETF

Several large investors have recently made changes to their positions in the stock. Burford Brothers Inc. raised its position in Capital Group International Focus Equity ETF by 0.6% during the first quarter. Burford Brothers Inc. now owns 65,866 shares of the company’s stock worth $1,942,000 after acquiring an additional 362 shares in the last quarter. Essex Financial Services Inc. increased its stake in shares of Capital Group International Focus Equity ETF by 1.2% during the 4th quarter. Essex Financial Services Inc. now owns 33,618 shares of the company’s stock worth $993,000 after purchasing an additional 387 shares during the last quarter. CIBC Private Wealth Group LLC raised its holdings in shares of Capital Group International Focus Equity ETF by 18.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,756 shares of the company’s stock valued at $81,000 after purchasing an additional 436 shares during the period. Greykasell Wealth Strategies Inc. lifted its stake in Capital Group International Focus Equity ETF by 1.3% in the 4th quarter. Greykasell Wealth Strategies Inc. now owns 36,490 shares of the company’s stock valued at $1,078,000 after purchasing an additional 461 shares during the last quarter. Finally, Compound Planning Inc. grew its holdings in Capital Group International Focus Equity ETF by 1.9% during the fourth quarter. Compound Planning Inc. now owns 27,418 shares of the company’s stock worth $810,000 after purchasing an additional 508 shares during the period.

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.