Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Short Interest Update

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 39,267 shares, a decline of 51.0% from the August 31st total of 80,202 shares. Based on an average daily volume of 108,178 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the company’s stock are short sold.

Capital Group International Bond ETF (USD-Hedged) Trading Up 0.1%

Shares of NYSEARCA:CGIB traded up $0.04 during midday trading on Thursday, reaching $24.94. 76,814 shares of the company’s stock traded hands, compared to its average volume of 103,210. Capital Group International Bond ETF has a one year low of $24.83 and a one year high of $26.41. The stock has a 50 day moving average of $25.21 and a 200 day moving average of $25.29.

Capital Group International Bond ETF (USD-Hedged) Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were paid a dividend of $0.0250 per share. The ex-dividend date was Tuesday, September 29th. This represents a $0.30 annualized dividend and a yield of 1.2%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CGIB. Envestnet Asset Management Inc. grew its position in Capital Group International Bond ETF (USD-Hedged) by 24.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,412,532 shares of the company’s stock worth $36,062,000 after purchasing an additional 276,881 shares during the period. Janney Montgomery Scott LLC increased its holdings in Capital Group International Bond ETF (USD-Hedged) by 92.4% during the first quarter. Janney Montgomery Scott LLC now owns 257,602 shares of the company’s stock valued at $6,501,000 after buying an additional 123,689 shares during the last quarter. Assetmark Inc. raised its position in Capital Group International Bond ETF (USD-Hedged) by 43.7% in the first quarter. Assetmark Inc. now owns 110,827 shares of the company’s stock worth $2,797,000 after acquiring an additional 33,694 shares during the period. Royal Bank of Canada raised its position in Capital Group International Bond ETF (USD-Hedged) by 8.2% in the first quarter. Royal Bank of Canada now owns 108,697 shares of the company’s stock worth $2,743,000 after acquiring an additional 8,275 shares during the period. Finally, Sei Investments Co. boosted its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 29.8% during the 1st quarter. Sei Investments Co. now owns 89,348 shares of the company’s stock worth $2,255,000 after acquiring an additional 20,501 shares during the last quarter.

About Capital Group International Bond ETF (USD-Hedged)

The Capital Group International Bond ETF (USD-Hedged) (CGIB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high-level of current income and capital preservation by actively investing in global debt securities with broad credit ratings and maturities. CGIB was launched on Jun 25, 2024 and is issued by Capital Group.