Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Stock Short Interest Declines 35.6%

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 37,791 shares, a decrease of 35.6% from the September 30th total of 58,652 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 161,868 shares, the short-interest ratio is currently 0.2 days.

Capital Group International Bond ETF (USD-Hedged) Price Performance

Shares of CGIB opened at $25.14 on Monday. Capital Group International Bond ETF has a 1-year low of $24.83 and a 1-year high of $26.41. The firm has a fifty day moving average price of $25.08 and a 200 day moving average price of $25.31.

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

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 30th will be issued a dividend of $0.0250 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $0.30 annualized dividend and a dividend yield of 1.2%.

Institutional Trading of Capital Group International Bond ETF (USD-Hedged)

Institutional investors and hedge funds have recently made changes to their positions in the company. Signature Equity Partners LLC purchased a new position in Capital Group International Bond ETF (USD-Hedged) during the 3rd quarter worth approximately $366,000. Security Financial Services INC. increased its position in Capital Group International Bond ETF (USD-Hedged) by 5.1% during the third quarter. Security Financial Services INC. now owns 19,122 shares of the company’s stock worth $476,000 after buying an additional 921 shares during the period. D.A. Davidson & CO. purchased a new stake in Capital Group International Bond ETF (USD-Hedged) in the third quarter valued at approximately $377,000. Sigma Planning Corp purchased a new stake in Capital Group International Bond ETF (USD-Hedged) in the third quarter valued at approximately $1,630,000. Finally, Tempus Wealth Planning LLC boosted its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 1.8% in the third quarter. Tempus Wealth Planning LLC now owns 30,044 shares of the company’s stock valued at $748,000 after acquiring an additional 519 shares during the period.

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.