Capital Group International Core Equity ETF (NYSEARCA:CGIC) Short Interest Update

Capital Group International Core Equity ETF (NYSEARCA:CGIC) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 106,724 shares, a drop of 13.4% from the February 12th total of 123,214 shares. Based on an average daily trading volume, of 618,210 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 618,210 shares, the days-to-cover ratio is currently 0.2 days.

Capital Group International Core Equity ETF Price Performance

CGIC stock traded up $0.17 during mid-day trading on Tuesday, reaching $33.82. The company had a trading volume of 221,565 shares, compared to its average volume of 608,402. The company has a market capitalization of $1.18 billion, a PE ratio of 15.77 and a beta of 0.32. The firm has a 50 day moving average of $34.59 and a 200 day moving average of $32.46. Capital Group International Core Equity ETF has a 12 month low of $23.12 and a 12 month high of $36.20.

Capital Group International Core Equity ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were issued a $0.1593 dividend. The ex-dividend date was Friday, December 26th. This is a positive change from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.08. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.9%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CGIC. Greykasell Wealth Strategies Inc. boosted its position in Capital Group International Core Equity ETF by 57.4% during the 4th quarter. Greykasell Wealth Strategies Inc. now owns 886 shares of the company’s stock valued at $29,000 after acquiring an additional 323 shares in the last quarter. A&I Financial Services LLC raised its position in shares of Capital Group International Core Equity ETF by 3.0% in the 4th quarter. A&I Financial Services LLC now owns 16,116 shares of the company’s stock worth $524,000 after acquiring an additional 472 shares in the last quarter. Berger Financial Group Inc lifted its stake in shares of Capital Group International Core Equity ETF by 8.9% during the 3rd quarter. Berger Financial Group Inc now owns 8,255 shares of the company’s stock worth $254,000 after purchasing an additional 674 shares during the last quarter. Main Line Retirement Advisors LLC boosted its position in Capital Group International Core Equity ETF by 2.3% during the third quarter. Main Line Retirement Advisors LLC now owns 30,378 shares of the company’s stock valued at $936,000 after purchasing an additional 680 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Capital Group International Core Equity ETF by 140.8% during the second quarter. JPMorgan Chase & Co. now owns 1,322 shares of the company’s stock valued at $38,000 after purchasing an additional 773 shares in the last quarter.

About Capital Group International Core Equity ETF

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.