Short Interest in Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Declines By 69.4%

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 3,207 shares, a decrease of 69.4% from the June 15th total of 10,468 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 3,593 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Texas Capital Texas Equity Index ETF stock. Optima Capital LLC bought a new position in Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,034 shares of the company’s stock, valued at approximately $37,000. Optima Capital LLC owned about 0.12% of Texas Capital Texas Equity Index ETF as of its most recent SEC filing.

Texas Capital Texas Equity Index ETF Trading Up 0.2%

Texas Capital Texas Equity Index ETF stock traded up $0.09 during mid-day trading on Monday, reaching $40.62. The company’s stock had a trading volume of 20,359 shares, compared to its average volume of 2,892. The firm has a market cap of $36.15 million, a price-to-earnings ratio of 20.54 and a beta of 0.87. The business has a 50 day moving average price of $39.82 and a 200-day moving average price of $38.48. Texas Capital Texas Equity Index ETF has a twelve month low of $34.13 and a twelve month high of $41.19.

About Texas Capital Texas Equity Index ETF

The Texas Capital Texas Equity Index ETF (TXS) is an exchange-traded fund that is based on the Texas Capital Texas Equity index. The fund seeks to track a tier-weighted-equity index comprised of companies headquartered in Texas. The fund invests in various industries, sectors, and sizes TXS was launched on Jul 12, 2023 and is issued by Texas Capital.