Short Interest in Capital Group International Equity ETF (NYSEARCA:CGIE) Expands By 118.8%

Capital Group International Equity ETF (NYSEARCA:CGIE) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 45,435 shares, an increase of 118.8% from the November 30th total of 20,765 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 340,112 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 340,112 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Merit Financial Group LLC bought a new stake in shares of Capital Group International Equity ETF during the third quarter worth about $24,379,000. Bank of America Corp DE boosted its stake in Capital Group International Equity ETF by 13,277.2% during the 3rd quarter. Bank of America Corp DE now owns 643,710 shares of the company’s stock valued at $21,706,000 after purchasing an additional 638,898 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Capital Group International Equity ETF by 67.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,191,870 shares of the company’s stock worth $39,905,000 after purchasing an additional 479,447 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Capital Group International Equity ETF by 60.0% in the second quarter. Cetera Investment Advisers now owns 943,609 shares of the company’s stock worth $31,064,000 after purchasing an additional 353,775 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Capital Group International Equity ETF by 148.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 517,625 shares of the company’s stock valued at $17,454,000 after purchasing an additional 309,155 shares in the last quarter.

Capital Group International Equity ETF Stock Up 0.1%

NYSEARCA:CGIE traded up $0.02 during trading hours on Friday, reaching $35.08. The company had a trading volume of 292,676 shares, compared to its average volume of 282,616. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 20.85 and a beta of 0.62. The business’s 50-day simple moving average is $34.35 and its two-hundred day simple moving average is $33.52. Capital Group International Equity ETF has a twelve month low of $26.10 and a twelve month high of $35.11.

Capital Group International Equity ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 26th will be paid a $0.1341 dividend. This represents a yield of 76.0%. The ex-dividend date of this dividend is Friday, December 26th.

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.