Capital Group International Equity ETF (NYSEARCA:CGIE) Short Interest Update

Capital Group International Equity ETF (NYSEARCA:CGIE) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 24,938 shares, a decline of 78.0% from the December 31st total of 113,160 shares. Based on an average daily trading volume, of 614,176 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 614,176 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Capital Group International Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. CWM LLC grew its holdings in shares of Capital Group International Equity ETF by 766.3% in the second quarter. CWM LLC now owns 771 shares of the company’s stock worth $25,000 after acquiring an additional 682 shares during the period. Allworth Financial LP bought a new stake in shares of Capital Group International Equity ETF during the 3rd quarter valued at about $35,000. Harbor Investment Advisory LLC bought a new stake in shares of Capital Group International Equity ETF during the 4th quarter valued at about $42,000. Sunbelt Securities Inc. purchased a new stake in shares of Capital Group International Equity ETF during the 3rd quarter valued at about $61,000. Finally, Steward Partners Investment Advisory LLC boosted its holdings in shares of Capital Group International Equity ETF by 619.6% in the second quarter. Steward Partners Investment Advisory LLC now owns 1,871 shares of the company’s stock worth $62,000 after buying an additional 1,611 shares during the last quarter.

Capital Group International Equity ETF Stock Down 1.2%

Shares of NYSEARCA CGIE traded down $0.44 during trading on Wednesday, reaching $36.43. 557,344 shares of the company traded hands, compared to its average volume of 627,652. The firm has a 50 day simple moving average of $35.12 and a 200-day simple moving average of $34.05. Capital Group International Equity ETF has a 52-week low of $26.10 and a 52-week high of $36.97. The stock has a market capitalization of $1.68 billion, a PE ratio of 20.85 and a beta of 0.62.

Capital Group International Equity ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a $0.1341 dividend. This represents a yield of 76.0%. The ex-dividend date of this dividend was Friday, December 26th.

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.