Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Sees Significant Growth in Short Interest

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 165,786 shares, an increase of 263.6% from the April 15th total of 45,598 shares. Approximately 1.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 116,702 shares, the days-to-cover ratio is presently 1.4 days.

Capital Group International Bond ETF (USD-Hedged) Stock Down 0.1%

Shares of NYSEARCA CGIB opened at $25.21 on Thursday. Capital Group International Bond ETF has a 12 month low of $24.96 and a 12 month high of $27.23. The business has a fifty day simple moving average of $25.28 and a 200-day simple moving average of $25.43.

Capital Group International Bond ETF (USD-Hedged) Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, May 1st. Stockholders of record on Thursday, April 30th were issued a $0.025 dividend. The ex-dividend date was Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%.

Institutional Trading of Capital Group International Bond ETF (USD-Hedged)

Hedge funds have recently modified their holdings of the business. Comerica Bank purchased a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the fourth quarter valued at $44,000. Geneos Wealth Management Inc. purchased a new position in Capital Group International Bond ETF (USD-Hedged) during the 4th quarter valued at about $61,000. Cullen Frost Bankers Inc. grew its stake in Capital Group International Bond ETF (USD-Hedged) by 255.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 7,555 shares of the company’s stock valued at $192,000 after acquiring an additional 5,430 shares in the last quarter. Mariner LLC purchased a new position in Capital Group International Bond ETF (USD-Hedged) during the 4th quarter valued at about $200,000. Finally, Fifth Third Bancorp purchased a new position in Capital Group International Bond ETF (USD-Hedged) during the 1st quarter valued at about $212,000.

Capital Group International Bond ETF (USD-Hedged) Company Profile

The Capital Group International Bond ETF (USD-Hedged) (CGIB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high-level of current income and capital preservation by actively investing in global debt securities with broad credit ratings and maturities. CGIB was launched on Jun 25, 2024 and is issued by Capital Group.