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

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

Institutional Investors Weigh In On Capital Group International Focus Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Anchor Investment Management LLC bought a new stake in Capital Group International Focus Equity ETF during the 4th quarter worth approximately $111,000. Compound Planning Inc. boosted its position in shares of Capital Group International Focus Equity ETF by 1.9% during the fourth quarter. Compound Planning Inc. now owns 27,418 shares of the company’s stock valued at $810,000 after buying an additional 508 shares during the last quarter. Axxcess Wealth Management LLC boosted its position in shares of Capital Group International Focus Equity ETF by 63.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 114,636 shares of the company’s stock valued at $3,387,000 after buying an additional 44,530 shares during the last quarter. Birchwood Financial Partners Inc. bought a new stake in Capital Group International Focus Equity ETF during the fourth quarter worth $464,000. Finally, Corient Private Wealth LLC grew its holdings in Capital Group International Focus Equity ETF by 38.1% during the fourth quarter. Corient Private Wealth LLC now owns 288,763 shares of the company’s stock worth $8,535,000 after buying an additional 79,700 shares in the last quarter.

Capital Group International Focus Equity ETF Stock Down 0.6%

Shares of NYSEARCA:CGXU opened at $32.31 on Monday. Capital Group International Focus Equity ETF has a twelve month low of $21.17 and a twelve month high of $32.69. The stock’s 50 day moving average is $31.26 and its 200-day moving average is $30.15. The firm has a market capitalization of $4.97 billion, a price-to-earnings ratio of 17.44 and a beta of 0.92.

Capital Group International Focus Equity ETF Dividend Announcement

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

About Capital Group International Focus Equity ETF

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.