Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Short Interest Up 343.3% in March

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 705,186 shares, a growth of 343.3% from the March 15th total of 159,059 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 941,604 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On Capital Group International Focus Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC purchased a new position in Capital Group International Focus Equity ETF in the 4th quarter worth $28,000. Cullen Frost Bankers Inc. purchased a new position in Capital Group International Focus Equity ETF in the 3rd quarter worth $35,000. IFP Advisors Inc raised its stake in shares of Capital Group International Focus Equity ETF by 103.1% during the 3rd quarter. IFP Advisors Inc now owns 2,388 shares of the company’s stock valued at $71,000 after buying an additional 1,212 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Capital Group International Focus Equity ETF by 18.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,756 shares of the company’s stock valued at $81,000 after buying an additional 436 shares during the last quarter. Finally, Mather Group LLC. purchased a new position in shares of Capital Group International Focus Equity ETF during the 3rd quarter valued at about $82,000.

Capital Group International Focus Equity ETF Price Performance

Capital Group International Focus Equity ETF stock opened at $31.32 on Monday. The stock has a market capitalization of $5.27 billion, a price-to-earnings ratio of 17.44 and a beta of 0.94. The business has a fifty day moving average price of $30.68 and a 200-day moving average price of $30.41. Capital Group International Focus Equity ETF has a 1-year low of $22.58 and a 1-year high of $32.69.

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.