Capital Group International Core Equity ETF (NYSEARCA:CGIC) Short Interest Down 91.5% in August

Capital Group International Core Equity ETF (NYSEARCA:CGIC) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 26,055 shares, a decline of 91.5% from the July 30th total of 305,976 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 378,072 shares, the days-to-cover ratio is currently 0.1 days.

Capital Group International Core Equity ETF Trading Down 0.1%

Capital Group International Core Equity ETF stock traded down $0.04 during midday trading on Thursday, hitting $37.11. The stock had a trading volume of 358,283 shares, compared to its average volume of 548,732. Capital Group International Core Equity ETF has a 52-week low of $29.44 and a 52-week high of $37.34. The company has a market capitalization of $2.33 billion, a PE ratio of 15.77 and a beta of 0.54. The firm’s fifty day moving average is $36.28 and its two-hundred day moving average is $35.49.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Greykasell Wealth Strategies Inc. grew its position in shares of Capital Group International Core Equity ETF by 57.4% during the fourth quarter. Greykasell Wealth Strategies Inc. now owns 886 shares of the company’s stock valued at $29,000 after purchasing an additional 323 shares in the last quarter. Western Wealth Management LLC purchased a new position in Capital Group International Core Equity ETF during the 1st quarter valued at approximately $35,000. Arax Advisory Partners bought a new stake in Capital Group International Core Equity ETF in the 4th quarter worth approximately $35,000. JPMorgan Chase & Co. raised its holdings in shares of Capital Group International Core Equity ETF by 140.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,322 shares of the company’s stock worth $38,000 after acquiring an additional 773 shares in the last quarter. Finally, Rothschild Investment LLC bought a new position in shares of Capital Group International Core Equity ETF during the 4th quarter valued at approximately $55,000.

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.