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 large growth in short interest during the month of March. As of March 13th, there was short interest totaling 120,734 shares, a growth of 171.5% from the February 26th total of 44,470 shares. Based on an average trading volume of 90,668 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.9% of the company’s shares are short sold. Currently, 1.9% of the company’s shares are short sold. Based on an average trading volume of 90,668 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CGIB. Comerica Bank bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the 4th quarter valued at about $44,000. Geneos Wealth Management Inc. bought a new position in shares of Capital Group International Bond ETF (USD-Hedged) during the fourth quarter worth about $61,000. Cullen Frost Bankers Inc. lifted its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 255.5% in the third quarter. Cullen Frost Bankers Inc. now owns 7,555 shares of the company’s stock worth $192,000 after acquiring an additional 5,430 shares during the period. Mariner LLC acquired a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the fourth quarter worth approximately $200,000. Finally, Main Street Financial Solutions LLC acquired a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the second quarter worth approximately $228,000.

Capital Group International Bond ETF (USD-Hedged) Trading Up 0.6%

NYSEARCA CGIB traded up $0.14 on Wednesday, hitting $25.22. The company’s stock had a trading volume of 43,667 shares, compared to its average volume of 92,191. The company’s 50-day moving average is $25.48 and its 200 day moving average is $25.46. Capital Group International Bond ETF has a 1-year low of $25.03 and a 1-year high of $27.23.

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

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were issued a $0.025 dividend. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Friday, February 27th.

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.