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

Capital Group International Equity ETF (NYSEARCA:CGIE) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 356,645 shares, an increase of 395.3% from the April 30th total of 72,011 shares. Based on an average trading volume of 546,573 shares, the short-interest ratio is currently 0.7 days. Approximately 0.6% of the company’s shares are short sold.

Institutional Investors Weigh In On Capital Group International Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. SHP Wealth Management bought a new stake in shares of Capital Group International Equity ETF in the 4th quarter valued at about $30,000. EverSource Wealth Advisors LLC bought a new position in Capital Group International Equity ETF during the 1st quarter valued at approximately $30,000. Allworth Financial LP bought a new position in Capital Group International Equity ETF during the 3rd quarter valued at approximately $35,000. Harbor Investment Advisory LLC bought a new position in Capital Group International Equity ETF during the 4th quarter valued at approximately $42,000. Finally, Sunbelt Securities Inc. bought a new position in Capital Group International Equity ETF during the 3rd quarter valued at approximately $61,000.

Capital Group International Equity ETF Stock Up 0.0%

Shares of NYSEARCA CGIE traded up $0.01 during midday trading on Friday, reaching $36.53. The company had a trading volume of 364,407 shares, compared to its average volume of 594,218. Capital Group International Equity ETF has a one year low of $31.60 and a one year high of $37.07. The firm’s fifty day moving average price is $35.25 and its 200-day moving average price is $35.29. The stock has a market cap of $2.11 billion, a PE ratio of 20.85 and a beta of 0.66.

About Capital Group International Equity ETF

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.