Short Interest in Thornburg International Equity ETF (NASDAQ:TXUE) Drops By 40.1%

Thornburg International Equity ETF (NASDAQ:TXUE) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 25,361 shares, a decline of 40.1% from the August 15th total of 42,373 shares. Based on an average trading volume of 45,303 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

Thornburg International Equity ETF Stock Performance

NASDAQ TXUE traded up $0.39 during trading on Thursday, hitting $35.70. 3,589 shares of the company’s stock traded hands, compared to its average volume of 56,398. The stock has a market capitalization of $555.57 million, a price-to-earnings ratio of 18.04 and a beta of 0.38. Thornburg International Equity ETF has a 12-month low of $29.78 and a 12-month high of $38.40. The business has a 50 day moving average of $35.82 and a 200-day moving average of $34.47.

Institutional Trading of Thornburg International Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. HighTower Advisors LLC lifted its position in shares of Thornburg International Equity ETF by 73.0% during the fourth quarter. HighTower Advisors LLC now owns 1,135,695 shares of the company’s stock worth $35,604,000 after acquiring an additional 479,087 shares in the last quarter. One Charles Private Wealth Services LLC boosted its holdings in shares of Thornburg International Equity ETF by 26.8% in the first quarter. One Charles Private Wealth Services LLC now owns 204,515 shares of the company’s stock worth $6,583,000 after acquiring an additional 43,201 shares during the period. Clay Northam Wealth Management LLC purchased a new position in shares of Thornburg International Equity ETF in the fourth quarter valued at $705,000. Laurel Oak Wealth Management LLC purchased a new position in shares of Thornburg International Equity ETF in the first quarter valued at $573,000. Finally, D.A. Davidson & CO. raised its stake in shares of Thornburg International Equity ETF by 21.6% during the 1st quarter. D.A. Davidson & CO. now owns 468,050 shares of the company’s stock valued at $15,067,000 after purchasing an additional 83,180 shares during the period.

Thornburg International Equity ETF Company Profile

The Thornburg International Equity ETF (TXUE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of non-US developed market securities of large-cap companies. The selection process combines bottom-up fundamental analysis and macroeconomic insights. TXUE was launched on Jan 22, 2025 and is issued by Thornburg.