Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Short Interest Up 85.3% in February

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 544,831 shares, a growth of 85.3% from the January 29th total of 293,976 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 1,061,253 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 1,061,253 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its stake in Capital Group International Focus Equity ETF by 3.7% in the second quarter. Envestnet Asset Management Inc. now owns 1,426,720 shares of the company’s stock valued at $38,707,000 after buying an additional 51,456 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in Capital Group International Focus Equity ETF in the 2nd quarter valued at $1,165,000. Assetmark Inc. acquired a new stake in shares of Capital Group International Focus Equity ETF during the 2nd quarter worth approximately $64,000. IFG Advisory LLC increased its position in Capital Group International Focus Equity ETF by 66.3% during the 2nd quarter. IFG Advisory LLC now owns 23,221 shares of the company’s stock worth $630,000 after purchasing an additional 9,259 shares in the last quarter. Finally, Bridgewealth Advisory Group LLC grew its holdings in shares of Capital Group International Focus Equity ETF by 497.0% during the second quarter. Bridgewealth Advisory Group LLC now owns 307,193 shares of the company’s stock worth $8,334,000 after purchasing an additional 255,736 shares during the last quarter.

Capital Group International Focus Equity ETF Trading Down 0.6%

Shares of NYSEARCA CGXU traded down $0.18 during midday trading on Friday, reaching $32.31. The company’s stock had a trading volume of 886,725 shares, compared to its average volume of 906,903. Capital Group International Focus Equity ETF has a one year low of $21.17 and a one year high of $32.69. The company has a 50 day moving average price of $31.26 and a 200 day moving average price of $30.14. The company has a market cap of $4.97 billion, a price-to-earnings ratio of 17.44 and a beta of 0.92.

Capital Group International Focus Equity ETF Announces Dividend

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

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.