Capital Group Global Equity ETF (NYSEARCA:CGGE) Short Interest Down 85.1% in July

Capital Group Global Equity ETF (NYSEARCA:CGGE) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 63,249 shares, a decrease of 85.1% from the June 30th total of 424,948 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 506,400 shares, the days-to-cover ratio is presently 0.1 days.

Capital Group Global Equity ETF Trading Down 0.4%

CGGE stock traded down $0.13 during midday trading on Monday, reaching $34.15. The company had a trading volume of 241,187 shares, compared to its average volume of 733,980. Capital Group Global Equity ETF has a 1 year low of $28.74 and a 1 year high of $35.40. The company has a market capitalization of $2.88 billion, a P/E ratio of 24.18 and a beta of 0.80. The company has a 50 day moving average of $34.44 and a two-hundred day moving average of $33.03.

Institutional Trading of Capital Group Global Equity ETF

Several large investors have recently added to or reduced their stakes in CGGE. Sittner & Nelson LLC increased its position in Capital Group Global Equity ETF by 7.3% during the third quarter. Sittner & Nelson LLC now owns 7,388 shares of the company’s stock worth $227,000 after buying an additional 500 shares during the last quarter. Ausdal Financial Partners Inc. lifted its position in Capital Group Global Equity ETF by 3.7% during the 4th quarter. Ausdal Financial Partners Inc. now owns 13,891 shares of the company’s stock worth $439,000 after acquiring an additional 501 shares during the last quarter. Mutual Advisors LLC lifted its position in shares of Capital Group Global Equity ETF by 3.5% during the 4th quarter. Mutual Advisors LLC now owns 15,421 shares of the company’s stock worth $488,000 after purchasing an additional 523 shares during the last quarter. Balboa Wealth Partners boosted its position in shares of Capital Group Global Equity ETF by 3.4% in the fourth quarter. Balboa Wealth Partners now owns 18,631 shares of the company’s stock valued at $589,000 after acquiring an additional 616 shares during the period. Finally, Bleakley Financial Group LLC boosted its holdings in Capital Group Global Equity ETF by 6.2% in the 1st quarter. Bleakley Financial Group LLC now owns 12,079 shares of the company’s stock valued at $368,000 after purchasing an additional 707 shares during the period.

Capital Group Global Equity ETF Company Profile

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.