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

Capital Group International Equity ETF (NYSEARCA:CGIE) was the target of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 37,908 shares, a decrease of 36.6% from the January 29th total of 59,835 shares. Based on an average trading volume of 752,667 shares, the short-interest ratio is currently 0.1 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 trading volume of 752,667 shares, the short-interest ratio is currently 0.1 days.

Capital Group International Equity ETF Stock Performance

Shares of NYSEARCA CGIE traded down $0.20 during trading hours on Friday, reaching $36.81. 416,418 shares of the stock were exchanged, compared to its average volume of 686,577. Capital Group International Equity ETF has a 52 week low of $26.10 and a 52 week high of $37.07. The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of 20.85 and a beta of 0.62. The stock’s fifty day simple moving average is $36.05 and its 200 day simple moving average is $34.64.

Capital Group International 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 given a dividend of $0.1341 per share. The ex-dividend date was Friday, December 26th. This represents a yield of 76.0%.

Institutional Trading of Capital Group International Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CGIE. Axxcess Wealth Management LLC bought a new stake in Capital Group International Equity ETF in the fourth quarter valued at $1,199,000. Summit Global Investments lifted its position in Capital Group International Equity ETF by 19.5% during the fourth quarter. Summit Global Investments now owns 8,166 shares of the company’s stock valued at $284,000 after purchasing an additional 1,334 shares during the period. NewEdge Advisors LLC grew its stake in shares of Capital Group International Equity ETF by 33.0% during the 4th quarter. NewEdge Advisors LLC now owns 2,978 shares of the company’s stock valued at $104,000 after purchasing an additional 739 shares during the period. Quadrature Capital Ltd bought a new position in Capital Group International Equity ETF in the 4th quarter worth $895,000. Finally, BNB Wealth Management LLC purchased a new position in Capital Group International Equity ETF during the fourth quarter valued at approximately $344,000.

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.