Capital Group International Focus Equity ETF (NYSEARCA:CGXU) Short Interest Down 61.9% in January

Capital Group International Focus Equity ETF (NYSEARCA:CGXU) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 379,586 shares, a decline of 61.9% from the December 31st total of 995,204 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 731,390 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 731,390 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Armstrong Fleming & Moore Inc acquired a new stake in shares of Capital Group International Focus Equity ETF during the second quarter valued at $19,604,000. Aprio Wealth Management LLC boosted its stake in shares of Capital Group International Focus Equity ETF by 133.8% during the 4th quarter. Aprio Wealth Management LLC now owns 1,255,985 shares of the company’s stock worth $37,114,000 after purchasing an additional 718,702 shares during the last quarter. Cerity Partners LLC grew its holdings 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 worth $123,620,000 after buying an additional 594,999 shares in the last quarter. Inspirion Wealth Advisors LLC raised its position 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 valued at $55,860,000 after buying an additional 525,838 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in shares of Capital Group International Focus Equity ETF by 27.4% during the third quarter. Sei Investments Co. now owns 1,715,783 shares of the company’s stock valued at $50,822,000 after buying an additional 369,365 shares during the period.

Capital Group International Focus Equity ETF Stock Up 0.4%

Shares of Capital Group International Focus Equity ETF stock traded up $0.13 on Thursday, reaching $31.89. The company’s stock had a trading volume of 844,319 shares, compared to its average volume of 770,638. The stock has a 50-day moving average price of $30.38 and a 200-day moving average price of $29.41. The company has a market capitalization of $4.85 billion, a P/E ratio of 17.44 and a beta of 0.92. Capital Group International Focus Equity ETF has a 52-week low of $21.17 and a 52-week high of $32.21.

Capital Group International Focus Equity ETF Announces Dividend

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

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.