Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) Short Interest Update

Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 81,454 shares, a decline of 71.9% from the May 14th total of 290,274 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,010,479 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Capital Group U.S. Small and Mid Cap ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Merit Financial Group LLC increased its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 3,215.7% during the 3rd quarter. Merit Financial Group LLC now owns 1,316,034 shares of the company’s stock worth $37,362,000 after purchasing an additional 1,276,343 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 349.4% in the fourth quarter. Wells Fargo & Company MN now owns 1,588,268 shares of the company’s stock worth $45,806,000 after purchasing an additional 1,234,872 shares in the last quarter. LPL Financial LLC increased its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 48.7% in the fourth quarter. LPL Financial LLC now owns 2,955,064 shares of the company’s stock worth $85,224,000 after purchasing an additional 967,841 shares in the last quarter. Captrust Financial Advisors increased its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 2,813.8% in the second quarter. Captrust Financial Advisors now owns 923,440 shares of the company’s stock worth $24,822,000 after purchasing an additional 891,748 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 2,797.0% in the fourth quarter. Kestra Advisory Services LLC now owns 898,412 shares of the company’s stock worth $25,910,000 after purchasing an additional 867,400 shares in the last quarter.

Capital Group U.S. Small and Mid Cap ETF Stock Up 2.3%

NYSEARCA CGMM traded up $0.70 on Thursday, reaching $31.75. The company had a trading volume of 1,747,236 shares, compared to its average volume of 1,139,351. The stock has a market capitalization of $2.37 billion, a P/E ratio of 21.71 and a beta of 0.86. The company’s fifty day moving average is $31.21 and its 200 day moving average is $30.35. Capital Group U.S. Small and Mid Cap ETF has a 52-week low of $25.71 and a 52-week high of $32.38.

Capital Group U.S. Small and Mid Cap ETF Company Profile

The Capital Group U.S. Small and Mid Cap ETF (CGMM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing primarily in equity-type securities of small and mid-cap companies in the US. The fund aims for capital growth CGMM was launched on Jan 14, 2025 and is issued by Capital Group.