Capital Group Core Equity ETF (NYSEARCA:CGUS) Short Interest Update

Capital Group Core Equity ETF (NYSEARCA:CGUS) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 324,047 shares, a drop of 78.7% from the June 15th total of 1,523,677 shares. Based on an average daily volume of 1,008,596 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Capital Group Core Equity ETF

Large investors have recently bought and sold shares of the stock. Pflug Koory LLC purchased a new position in shares of Capital Group Core Equity ETF in the 4th quarter worth $25,000. First Horizon Corp purchased a new position in Capital Group Core Equity ETF in the 4th quarter worth approximately $32,000. CoreCap Advisors LLC boosted its stake in shares of Capital Group Core Equity ETF by 41.0% in the fourth quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock valued at $44,000 after purchasing an additional 320 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in Capital Group Core Equity ETF by 460.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,368 shares of the company’s stock valued at $55,000 after buying an additional 1,124 shares during the last quarter. Finally, Bayban purchased a new position in Capital Group Core Equity ETF in the first quarter valued at about $61,000.

Capital Group Core Equity ETF Trading Up 0.4%

Shares of Capital Group Core Equity ETF stock traded up $0.20 during mid-day trading on Friday, hitting $44.79. 963,578 shares of the stock were exchanged, compared to its average volume of 1,148,540. The company has a 50-day simple moving average of $43.79 and a 200 day simple moving average of $41.62. The stock has a market capitalization of $11.21 billion, a price-to-earnings ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a twelve month low of $37.18 and a twelve month high of $44.84.

About Capital Group Core Equity ETF

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.