Capital Group Global Equity ETF (NYSEARCA:CGGE) Short Interest Update

Capital Group Global Equity ETF (NYSEARCA:CGGE) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 62,371 shares, an increase of 52.8% from the December 15th total of 40,806 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,183,448 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 1,183,448 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Capital Group Global Equity ETF

A number of large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC lifted its holdings in Capital Group Global Equity ETF by 760.2% during the 1st quarter. Jane Street Group LLC now owns 114,653 shares of the company’s stock valued at $2,965,000 after purchasing an additional 101,325 shares during the last quarter. Sovran Advisors LLC acquired a new stake in shares of Capital Group Global Equity ETF during the 2nd quarter worth about $2,508,000. LongView Wealth Management lifted its stake in shares of Capital Group Global Equity ETF by 165.1% during the 2nd quarter. LongView Wealth Management now owns 57,025 shares of the company’s stock worth $1,665,000 after buying an additional 35,513 shares during the last quarter. A&I Financial Services LLC bought a new stake in shares of Capital Group Global Equity ETF during the 2nd quarter worth about $1,181,000. Finally, ORG Partners LLC boosted its holdings in shares of Capital Group Global Equity ETF by 1,459.7% during the 2nd quarter. ORG Partners LLC now owns 18,950 shares of the company’s stock worth $550,000 after buying an additional 17,735 shares during the period.

Capital Group Global Equity ETF Stock Performance

Capital Group Global Equity ETF stock traded up $0.11 during midday trading on Friday, reaching $32.73. 1,235,025 shares of the company’s stock were exchanged, compared to its average volume of 1,100,375. Capital Group Global Equity ETF has a 52 week low of $22.76 and a 52 week high of $32.81. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 24.18 and a beta of 0.72. The stock’s 50-day simple moving average is $31.62 and its 200 day simple moving average is $30.70.

Capital Group Global Equity ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a dividend of $0.1276 per share. This represents a dividend yield of 40.0%. The ex-dividend date was Friday, December 26th.

About Capital Group Global Equity ETF

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.