Capital Group International Equity ETF (NYSEARCA:CGIE) Short Interest Up 407.6% in February

Capital Group International Equity ETF (NYSEARCA:CGIE) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 192,434 shares, a growth of 407.6% from the February 12th total of 37,908 shares. Based on an average trading volume of 743,785 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 743,785 shares, the short-interest ratio is currently 0.3 days.

Capital Group International Equity ETF Stock Down 0.5%

NYSEARCA:CGIE traded down $0.16 during midday trading on Wednesday, hitting $34.90. The stock had a trading volume of 222,493 shares, compared to its average volume of 682,173. Capital Group International Equity ETF has a one year low of $26.10 and a one year high of $37.07. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of 20.85 and a beta of 0.62. The stock has a 50-day moving average of $36.07 and a 200 day moving average of $34.74.

Capital Group International Equity ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a $0.1341 dividend. This represents a dividend yield of 76.0%. The ex-dividend date was Friday, December 26th.

Hedge Funds Weigh In On Capital Group International Equity ETF

Several institutional investors have recently made changes to their positions in the company. Valmark Advisers Inc. acquired a new stake in Capital Group International Equity ETF in the 3rd quarter worth approximately $1,029,000. LVW Advisors LLC raised its holdings in shares of Capital Group International Equity ETF by 8.9% in the third quarter. LVW Advisors LLC now owns 717,550 shares of the company’s stock worth $24,196,000 after buying an additional 58,386 shares during the last quarter. StrongBox Wealth LLC lifted its stake in shares of Capital Group International Equity ETF by 199.3% during the third quarter. StrongBox Wealth LLC now owns 291,997 shares of the company’s stock worth $9,846,000 after buying an additional 194,447 shares during the period. Kingsview Wealth Management LLC lifted its stake in shares of Capital Group International Equity ETF by 130.1% during the second quarter. Kingsview Wealth Management LLC now owns 96,739 shares of the company’s stock worth $3,185,000 after buying an additional 54,697 shares during the period. Finally, Global Retirement Partners LLC acquired a new position in shares of Capital Group International Equity ETF in the 2nd quarter valued at $294,000.

Capital Group International Equity ETF Company Profile

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.