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

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

Capital Group International Focus Equity ETF Price Performance

NYSEARCA CGXU traded up $0.32 on Friday, hitting $34.00. 1,031,610 shares of the stock were exchanged, compared to its average volume of 947,186. The business’s fifty day moving average is $34.82 and its 200 day moving average is $33.66. Capital Group International Focus Equity ETF has a 52 week low of $28.14 and a 52 week high of $36.27. The company has a market capitalization of $6.79 billion, a PE ratio of 17.44 and a beta of 0.95.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Security National Bank of Sioux City Iowa IA grew its holdings in Capital Group International Focus Equity ETF by 28.4% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 73,533 shares of the company’s stock worth $2,546,000 after purchasing an additional 16,243 shares during the period. Rose Capital Advisors LLC acquired a new position in Capital Group International Focus Equity ETF during the second quarter worth approximately $1,704,000. Inspirion Wealth Advisors LLC increased its position in Capital Group International Focus Equity ETF by 2.1% during the second quarter. Inspirion Wealth Advisors LLC now owns 2,063,378 shares of the company’s stock worth $70,217,000 after buying an additional 42,029 shares during the last quarter. Kestra Advisory Services LLC increased its position in Capital Group International Focus Equity ETF by 5.7% during the first quarter. Kestra Advisory Services LLC now owns 1,141,672 shares of the company’s stock worth $33,668,000 after buying an additional 61,207 shares during the last quarter. Finally, Continuum Advisory LLC raised its stake in Capital Group International Focus Equity ETF by 11.8% in the second quarter. Continuum Advisory LLC now owns 173,380 shares of the company’s stock valued at $6,002,000 after buying an additional 18,241 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.