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

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

Hedge Funds 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 bought a new stake in shares of Texas Capital Texas Equity Index ETF (NYSEARCA:TXS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 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 as of its most recent SEC filing.

Texas Capital Texas Equity Index ETF Stock Up 0.4%

Shares of NYSEARCA:TXS opened at $42.74 on Friday. Texas Capital Texas Equity Index ETF has a twelve month low of $34.46 and a twelve month high of $42.79. The stock’s 50 day moving average is $40.56 and its 200-day moving average is $39.30. The firm has a market capitalization of $39.32 million, a price-to-earnings ratio of 20.54 and a beta of 0.86.

Texas Capital Texas Equity Index ETF Company Profile

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.