Short Interest in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Declines By 66.0%

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) saw a significant decline in short interest in February. As of February 27th, there was short interest totaling 185,464 shares, a decline of 66.0% from the February 12th total of 544,831 shares. Based on an average daily volume of 1,025,802 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 1,025,802 shares, the days-to-cover ratio is currently 0.2 days.

Capital Group International Focus Equity ETF Stock Up 0.1%

Shares of CGXU stock opened at $30.07 on Wednesday. The business’s fifty day moving average is $31.27 and its 200 day moving average is $30.27. The stock has a market cap of $4.63 billion, a price-to-earnings ratio of 17.44 and a beta of 0.92. Capital Group International Focus Equity ETF has a twelve month low of $21.17 and a twelve month high of $32.69.

Capital Group International Focus Equity ETF Dividend Announcement

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

Institutional Investors Weigh In On Capital Group International Focus Equity ETF

Hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its position in Capital Group International Focus Equity ETF by 7.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 511,251 shares of the company’s stock worth $15,143,000 after purchasing an additional 34,466 shares during the period. First National Corp MA ADV lifted its holdings in shares of Capital Group International Focus Equity ETF by 186.2% during the 3rd quarter. First National Corp MA ADV now owns 35,614 shares of the company’s stock valued at $1,062,000 after buying an additional 23,171 shares during the period. Continuum Advisory LLC lifted its holdings in shares of Capital Group International Focus Equity ETF by 35.9% during the 3rd quarter. Continuum Advisory LLC now owns 105,250 shares of the company’s stock valued at $3,118,000 after buying an additional 27,820 shares during the period. Cerity Partners LLC boosted its stake in shares of Capital Group International Focus Equity ETF by 16.6% in the 3rd quarter. Cerity Partners LLC now owns 4,173,527 shares of the company’s stock worth $123,620,000 after buying an additional 594,999 shares during the last quarter. Finally, Assetmark Inc. purchased a new position in shares of Capital Group International Focus Equity ETF in the 2nd quarter worth $64,000.

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.