Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) Sees Large Drop in Short Interest

Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 7,652 shares, a decline of 66.5% from the July 15th total of 22,830 shares. Based on an average daily trading volume, of 2,162 shares, the short-interest ratio is presently 3.5 days. Approximately 0.8% of the shares of the stock are short sold.

Texas Capital Texas Equity Index ETF Trading Up 0.4%

Shares of Texas Capital Texas Equity Index ETF stock traded up $0.19 on Friday, hitting $42.74. 1,689 shares of the company traded hands, compared to its average volume of 2,976. Texas Capital Texas Equity Index ETF has a 12-month low of $34.46 and a 12-month high of $42.79. The company has a market cap of $39.32 million, a P/E ratio of 20.54 and a beta of 0.86. The firm’s 50-day simple moving average is $40.50 and its 200 day simple moving average is $39.27.

Institutional Investors Weigh In On Texas Capital Texas Equity Index ETF

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

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.