Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Short Interest Update

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 44,358 shares, a decrease of 21.2% from the January 15th total of 56,324 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 105,900 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 105,900 shares, the short-interest ratio is currently 0.4 days. Approximately 0.7% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Composition Wealth LLC bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the fourth quarter worth about $35,454,000. Wells Fargo & Company MN lifted its position in Capital Group International Bond ETF (USD-Hedged) by 429.5% in the 4th quarter. Wells Fargo & Company MN now owns 975,099 shares of the company’s stock worth $24,729,000 after buying an additional 790,948 shares during the last quarter. Orion Porfolio Solutions LLC bought a new stake in Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter worth approximately $13,477,000. HighTower Advisors LLC purchased a new stake in Capital Group International Bond ETF (USD-Hedged) in the fourth quarter worth approximately $9,376,000. Finally, Merit Financial Group LLC bought a new position in Capital Group International Bond ETF (USD-Hedged) during the third quarter valued at approximately $8,317,000.

Capital Group International Bond ETF (USD-Hedged) Price Performance

Shares of NYSEARCA:CGIB remained flat at $25.58 during trading on Friday. The stock had a trading volume of 49,713 shares, compared to its average volume of 87,564. Capital Group International Bond ETF has a one year low of $25.04 and a one year high of $27.23. The stock has a fifty day moving average price of $25.44 and a two-hundred day moving average price of $25.41.

Capital Group International Bond ETF (USD-Hedged) Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Stockholders of record on Friday, January 30th were issued a dividend of $0.025 per share. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, January 30th.

Capital Group International Bond ETF (USD-Hedged) Company Profile

The Capital Group International Bond ETF (USD-Hedged) (CGIB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high-level of current income and capital preservation by actively investing in global debt securities with broad credit ratings and maturities. CGIB was launched on Jun 25, 2024 and is issued by Capital Group.