Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Sees Significant Decrease in Short Interest

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 379,586 shares, a decrease of 61.9% from the December 31st total of 995,204 shares. Based on an average daily volume of 731,390 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 731,390 shares, the days-to-cover ratio is currently 0.5 days.

Capital Group International Focus Equity ETF Trading Down 2.0%

CGXU stock traded down $0.65 during trading on Friday, reaching $31.24. 883,281 shares of the stock were exchanged, compared to its average volume of 776,269. The firm has a market capitalization of $4.84 billion, a price-to-earnings ratio of 17.44 and a beta of 0.92. The business has a 50 day moving average price of $30.38 and a 200-day moving average price of $29.41. Capital Group International Focus Equity ETF has a 1 year low of $21.17 and a 1 year high of $32.21.

Capital Group International Focus Equity ETF Dividend Announcement

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

Institutional Investors Weigh In On Capital Group International Focus Equity ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Armstrong Fleming & Moore Inc purchased a new stake in shares of Capital Group International Focus Equity ETF during the second quarter worth $19,604,000. Aprio Wealth Management LLC grew its stake in Capital Group International Focus Equity ETF by 133.8% during the 4th quarter. Aprio Wealth Management LLC now owns 1,255,985 shares of the company’s stock worth $37,114,000 after purchasing an additional 718,702 shares in the last quarter. Cerity Partners LLC increased its holdings in Capital Group International Focus Equity ETF by 16.6% during the 3rd quarter. Cerity Partners LLC now owns 4,173,527 shares of the company’s stock worth $123,620,000 after purchasing an additional 594,999 shares during the period. Inspirion Wealth Advisors LLC raised its position in Capital Group International Focus Equity ETF by 38.5% in the 4th quarter. Inspirion Wealth Advisors LLC now owns 1,890,344 shares of the company’s stock valued at $55,860,000 after purchasing an additional 525,838 shares in the last quarter. Finally, Sei Investments Co. raised its position in Capital Group International Focus Equity ETF by 27.4% in the 3rd quarter. Sei Investments Co. now owns 1,715,783 shares of the company’s stock valued at $50,822,000 after purchasing an additional 369,365 shares in the last quarter.

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.