Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Short Interest Down 69.4% in June

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 3,207 shares, a decline of 69.4% from the June 15th total of 10,468 shares. Based on an average trading volume of 3,593 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Texas Capital Texas Equity Index ETF stock. Optima Capital LLC bought a new position in shares of Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 1,034 shares of the company’s stock, valued at approximately $37,000. Optima Capital LLC owned 0.12% of Texas Capital Texas Equity Index ETF at the end of the most recent quarter.

Texas Capital Texas Equity Index ETF Stock Down 0.2%

NYSEARCA TXS traded down $0.09 on Friday, hitting $40.53. The company’s stock had a trading volume of 7,363 shares, compared to its average volume of 2,911. The company’s 50-day moving average is $39.82 and its 200 day moving average is $38.47. The firm has a market cap of $36.07 million, a PE ratio of 20.54 and a beta of 0.87. Texas Capital Texas Equity Index ETF has a 1-year low of $34.13 and a 1-year high of $41.19.

About Texas Capital Texas Equity Index ETF

The Texas Capital Texas Equity Index ETF (TXS) is an exchange-traded fund that is based on the Texas Capital Texas Equity index. The fund seeks to track a tier-weighted-equity index comprised of companies headquartered in Texas. The fund invests in various industries, sectors, and sizes TXS was launched on Jul 12, 2023 and is issued by Texas Capital.