Short Interest in Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Decreases By 14.2%

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 159,059 shares, a decrease of 14.2% from the February 26th total of 185,464 shares. Based on an average daily volume of 1,339,829 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Capital Group International Focus Equity ETF Price Performance

Shares of CGXU opened at $29.87 on Thursday. The firm has a market cap of $5.02 billion, a P/E ratio of 17.44 and a beta of 0.92. Capital Group International Focus Equity ETF has a 1 year low of $21.17 and a 1 year high of $32.69. The company has a 50 day simple moving average of $30.84 and a two-hundred day simple moving average of $30.36.

Hedge Funds Weigh In On Capital Group International Focus Equity ETF

Institutional investors have recently bought and sold shares of the stock. LPL Financial LLC lifted its stake in Capital Group International Focus Equity ETF by 20.6% in the 4th quarter. LPL Financial LLC now owns 13,849,090 shares of the company’s stock worth $409,241,000 after purchasing an additional 2,364,368 shares in the last quarter. Aprio Wealth Management LLC grew its position in shares of Capital Group International Focus Equity ETF by 133.8% during the fourth quarter. Aprio Wealth Management LLC now owns 1,255,985 shares of the company’s stock valued at $37,114,000 after purchasing an additional 718,702 shares in the last quarter. Cerity Partners LLC grew its position in shares of Capital Group International Focus Equity ETF by 16.6% during the third quarter. Cerity Partners LLC now owns 4,173,527 shares of the company’s stock valued at $123,620,000 after purchasing an additional 594,999 shares in the last quarter. Inspirion Wealth Advisors LLC increased its holdings in shares of Capital Group International Focus Equity ETF by 38.5% in the fourth quarter. Inspirion Wealth Advisors LLC now owns 1,890,344 shares of the company’s stock worth $55,860,000 after purchasing an additional 525,838 shares during the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of Capital Group International Focus Equity ETF by 37.6% in the fourth quarter. Private Advisor Group LLC now owns 1,455,359 shares of the company’s stock worth $43,006,000 after purchasing an additional 397,744 shares during 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.