Capital Group Global Equity ETF (NYSEARCA:CGGE) Short Interest Update

Capital Group Global Equity ETF (NYSEARCA:CGGE) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 62,371 shares, a growth of 52.8% from the December 15th total of 40,806 shares. Based on an average daily volume of 1,183,448 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,183,448 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. CWM LLC bought a new stake in shares of Capital Group Global Equity ETF in the 2nd quarter worth approximately $29,000. IFP Advisors Inc lifted its stake in Capital Group Global Equity ETF by 80.2% in the second quarter. IFP Advisors Inc now owns 1,211 shares of the company’s stock worth $35,000 after purchasing an additional 539 shares during the last quarter. Financial Perspectives Inc purchased a new stake in Capital Group Global Equity ETF during the third quarter valued at about $35,000. Whipplewood Advisors LLC purchased a new stake in Capital Group Global Equity ETF during the second quarter valued at about $42,000. Finally, Ameritas Advisory Services LLC bought a new position in shares of Capital Group Global Equity ETF during the third quarter valued at about $49,000.

Capital Group Global Equity ETF Trading Up 0.3%

Shares of CGGE traded up $0.09 during midday trading on Friday, reaching $32.71. The stock had a trading volume of 393,115 shares, compared to its average volume of 1,016,512. The company’s 50-day moving average is $31.58 and its 200 day moving average is $30.67. Capital Group Global Equity ETF has a 12-month low of $22.76 and a 12-month high of $32.81. The company has a market capitalization of $1.82 billion, a price-to-earnings ratio of 24.18 and a beta of 0.72.

Capital Group Global Equity ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a $0.1276 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a yield of 40.0%.

About Capital Group Global Equity ETF

The Capital Group Global Equity ETF (CGGE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks total returns by actively managing a portfolio of companies from around the world. CGGE was launched on Jun 25, 2024 and is issued by Capital Group.