Thornburg International Equity ETF (NASDAQ:TXUE) Shares Shorted: Short Interest Down 45.7% in October

Thornburg International Equity ETF (NASDAQ:TXUE) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 62,149 shares, a decline of 45.7% from the September 30th total of 114,411 shares. Based on an average daily trading volume, of 83,582 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the shares of the company are sold short.

Thornburg International Equity ETF Trading Down 0.3%

NASDAQ TXUE traded down $0.12 during trading hours on Friday, reaching $34.70. The company’s stock had a trading volume of 41,971 shares, compared to its average volume of 59,099. The business has a 50-day simple moving average of $35.28 and a 200 day simple moving average of $34.37. Thornburg International Equity ETF has a 52 week low of $29.78 and a 52 week high of $38.40. The stock has a market cap of $581.57 million, a PE ratio of 18.04 and a beta of 0.41.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Empire Financial Management Company LLC raised its stake in Thornburg International Equity ETF by 6.7% during the 1st quarter. Empire Financial Management Company LLC now owns 8,000 shares of the company’s stock valued at $258,000 after acquiring an additional 500 shares in the last quarter. XY Planning Network Inc. bought a new stake in shares of Thornburg International Equity ETF during the second quarter valued at about $322,000. Crescent Grove Advisors LLC acquired a new position in shares of Thornburg International Equity ETF during the third quarter valued at approximately $351,000. Ascentis Independent Advisors acquired a new position in shares of Thornburg International Equity ETF during the 1st quarter valued at $390,000. Finally, JM2 Capital Inc. raised its stake in shares of Thornburg International Equity ETF by 13.7% in the 3rd quarter. JM2 Capital Inc. now owns 12,533 shares of the company’s stock worth $435,000 after buying an additional 1,506 shares in the last quarter.

About Thornburg International Equity ETF

The Thornburg International Equity ETF (TXUE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of non-US developed market securities of large-cap companies. The selection process combines bottom-up fundamental analysis and macroeconomic insights. TXUE was launched on Jan 22, 2025 and is issued by Thornburg.