Capital Group International Equity ETF (NYSEARCA:CGIE) Short Interest Up 149.1% in December

Capital Group International Equity ETF (NYSEARCA:CGIE) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 113,160 shares, a growth of 149.1% from the December 15th total of 45,435 shares. Based on an average daily volume of 541,423 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 541,423 shares, the days-to-cover ratio is currently 0.2 days.

Capital Group International Equity ETF Trading Down 0.6%

CGIE stock opened at $36.29 on Wednesday. Capital Group International Equity ETF has a one year low of $26.10 and a one year high of $36.52. The firm has a 50-day moving average of $34.66 and a two-hundred day moving average of $33.79. The firm has a market capitalization of $1.59 billion, a PE ratio of 20.85 and a beta of 0.62.

Capital Group International Equity ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were issued a $0.1341 dividend. The ex-dividend date was Friday, December 26th. This represents a yield of 76.0%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CGIE. UBS Group AG grew its holdings in Capital Group International Equity ETF by 22.1% in the 3rd quarter. UBS Group AG now owns 1,568,268 shares of the company’s stock valued at $52,882,000 after buying an additional 284,045 shares during the last quarter. Venturi Wealth Management LLC boosted its position in shares of Capital Group International Equity ETF by 6.0% in the third quarter. Venturi Wealth Management LLC now owns 1,399,939 shares of the company’s stock valued at $47,206,000 after acquiring an additional 79,061 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Capital Group International Equity ETF by 67.3% in the third quarter. Jones Financial Companies Lllp now owns 1,191,870 shares of the company’s stock worth $39,905,000 after acquiring an additional 479,447 shares during the last quarter. Johnson Bixby & Associates LLC increased its position in Capital Group International Equity ETF by 4.2% during the third quarter. Johnson Bixby & Associates LLC now owns 987,388 shares of the company’s stock worth $33,295,000 after acquiring an additional 39,620 shares during the period. Finally, Capital Group Private Client Services Inc. boosted its holdings in Capital Group International Equity ETF by 13.7% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 957,247 shares of the company’s stock valued at $32,278,000 after purchasing an additional 115,535 shares during the period.

Capital Group International Equity ETF Company Profile

The Capital Group International Equity ETF (CGIE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of non-US companies. The objective centers on identifying companies believed to have the potential for growth. CGIE was launched on Sep 26, 2023 and is issued by Capital Group.