Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Sees Significant Decrease in Short Interest

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 92,311 shares, a decline of 86.5% from the August 31st total of 682,122 shares. Based on an average daily trading volume, of 1,216,025 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Capital Group International Focus Equity ETF Stock Performance

NYSEARCA CGXU traded up $0.42 during trading hours on Friday, hitting $35.05. 253,324 shares of the company traded hands, compared to its average volume of 927,920. The stock has a market capitalization of $6.91 billion, a price-to-earnings ratio of 17.44 and a beta of 0.95. Capital Group International Focus Equity ETF has a twelve month low of $28.14 and a twelve month high of $36.27. The business’s 50-day moving average is $34.57 and its 200-day moving average is $33.31.

Capital Group International Focus Equity ETF Dividend Announcement

The firm also recently announced a semiannual dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.4123 per share. This represents a dividend yield of 238.0%. The ex-dividend date was Tuesday, June 30th.

Institutional Trading of Capital Group International Focus Equity ETF

Institutional investors have recently added to or reduced their stakes in the company. MCF Advisors LLC grew its position in 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 worth $37,000 after buying an additional 824 shares in the last quarter. Parallel Advisors LLC bought a new stake in Capital Group International Focus Equity ETF during the 1st quarter worth $68,000. Anchor Investment Management LLC bought a new stake in Capital Group International Focus Equity ETF during the 4th quarter worth approximately $111,000. IFP Advisors Inc increased its holdings in Capital Group International Focus Equity ETF by 82.3% in the fourth quarter. IFP Advisors Inc now owns 4,350 shares of the company’s stock valued at $129,000 after purchasing an additional 1,964 shares during the period. Finally, First Heartland Consultants Inc. acquired a new stake in shares of Capital Group International Focus Equity ETF in the second quarter valued at about $233,000.

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.