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

Capital Group International Equity ETF (NYSEARCA:CGIE) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 59,835 shares, an increase of 139.9% from the January 15th total of 24,938 shares. Based on an average daily trading volume, of 641,583 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 641,583 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. CWM LLC increased 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 in the last quarter. Allworth Financial LP bought a new stake in shares of Capital Group International Equity ETF during the third quarter worth $35,000. Harbor Investment Advisory LLC acquired a new position in Capital Group International Equity ETF in the 4th quarter worth $42,000. Sunbelt Securities Inc. acquired a new position in Capital Group International Equity ETF in the 3rd quarter worth $61,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in Capital Group International Equity ETF by 619.6% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,871 shares of the company’s stock worth $62,000 after purchasing an additional 1,611 shares in the last quarter.

Capital Group International Equity ETF Stock Down 1.2%

NYSEARCA CGIE traded down $0.45 during trading on Thursday, reaching $36.25. 558,234 shares of the stock traded hands, compared to its average volume of 672,970. Capital Group International Equity ETF has a fifty-two week low of $26.10 and a fifty-two week high of $36.97. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of 20.85 and a beta of 0.62. The stock’s 50-day moving average price is $35.57 and its 200 day moving average price is $34.30.

Capital Group International Equity ETF Dividend Announcement

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

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.