Capital Group Core Equity ETF (NYSEARCA:CGUS) Short Interest Up 411.5% in February

Capital Group Core Equity ETF (NYSEARCA:CGUS) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 509,537 shares, a growth of 411.5% from the February 12th total of 99,621 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 1,166,331 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 1,166,331 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CGUS. Pinnacle Bancorp Inc. raised its position in Capital Group Core Equity ETF by 234.4% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock valued at $25,000 after buying an additional 450 shares during the last quarter. Pflug Koory LLC bought a new position in Capital Group Core Equity ETF during the 4th quarter valued at $25,000. First Horizon Corp purchased a new position in Capital Group Core Equity ETF during the 4th quarter worth $32,000. CoreCap Advisors LLC grew its stake in shares of Capital Group Core Equity ETF by 41.0% in the 4th quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock worth $44,000 after acquiring an additional 320 shares in the last quarter. Finally, Huntington National Bank bought a new stake in shares of Capital Group Core Equity ETF in the 3rd quarter worth $50,000.

Capital Group Core Equity ETF Trading Down 0.1%

Shares of CGUS traded down $0.06 on Wednesday, reaching $40.11. The company’s stock had a trading volume of 531,420 shares, compared to its average volume of 1,150,624. Capital Group Core Equity ETF has a twelve month low of $28.95 and a twelve month high of $41.38. The stock has a market capitalization of $8.61 billion, a PE ratio of 26.31 and a beta of 0.92. The firm has a fifty day moving average of $40.71 and a 200-day moving average of $40.05.

Capital Group Core Equity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a dividend of $0.1055 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.42 dividend on an annualized basis and a yield of 1.1%. This is an increase from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09.

Capital Group Core Equity ETF Company Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.