Capital Group International Core Equity ETF (NYSEARCA:CGIC) Sees Significant Growth in Short Interest

Capital Group International Core Equity ETF (NYSEARCA:CGIC) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 123,214 shares, an increase of 203.9% from the January 29th total of 40,548 shares. Based on an average daily volume of 723,039 shares, the short-interest ratio is presently 0.2 days. Currently, 0.4% of the company’s stock are short sold. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 723,039 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Capital Group International Core Equity ETF

Several large investors have recently made changes to their positions in CGIC. Commonwealth Equity Services LLC raised its position in shares of Capital Group International Core Equity ETF by 39.1% during the third quarter. Commonwealth Equity Services LLC now owns 465,829 shares of the company’s stock valued at $14,352,000 after buying an additional 131,052 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Capital Group International Core Equity ETF by 83.7% during the third quarter. Farther Finance Advisors LLC now owns 191,291 shares of the company’s stock valued at $5,894,000 after acquiring an additional 87,168 shares during the period. Advyzon Investment Management LLC acquired a new position in Capital Group International Core Equity ETF in the 2nd quarter valued at approximately $368,000. Baird Financial Group Inc. lifted its position in shares of Capital Group International Core Equity ETF by 22.7% in the 2nd quarter. Baird Financial Group Inc. now owns 113,381 shares of the company’s stock worth $3,301,000 after acquiring an additional 20,958 shares during the period. Finally, Merit Financial Group LLC bought a new stake in shares of Capital Group International Core Equity ETF in the 3rd quarter worth approximately $33,358,000.

Capital Group International Core Equity ETF Stock Down 0.5%

Shares of CGIC traded down $0.17 during mid-day trading on Thursday, hitting $36.02. 242,219 shares of the company’s stock were exchanged, compared to its average volume of 625,248. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 15.77 and a beta of 0.32. The firm has a fifty day moving average of $34.16 and a two-hundred day moving average of $32.06. Capital Group International Core Equity ETF has a twelve month low of $23.12 and a twelve month high of $36.20.

Capital Group International Core Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a dividend of $0.1593 per share. This represents a $0.64 annualized dividend and a yield of 1.8%. This is an increase from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Friday, December 26th.

Capital Group International Core Equity ETF Company Profile

The Capital Group International Core Equity ETF (CGIC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns by globally investing in companies, excluding those from the United States. CGIC was launched on Jun 25, 2024 and is issued by Capital Group.