Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Shares Shorted: Short Interest Down 51.0% in September

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 39,267 shares, a decrease of 51.0% from the August 31st total of 80,202 shares. Based on an average trading volume of 108,178 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of CGIB. Integrated Wealth Concepts LLC acquired a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the 2nd quarter valued at approximately $119,000. Geneos Wealth Management Inc. boosted its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 100.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,781 shares of the company’s stock valued at $121,000 after acquiring an additional 2,393 shares in the last quarter. J. Derek Lewis & Associates Inc. acquired a new position in Capital Group International Bond ETF (USD-Hedged) in the 1st quarter worth about $209,000. Fifth Third Bancorp bought a new position in Capital Group International Bond ETF (USD-Hedged) in the first quarter valued at about $212,000. Finally, Diversify Wealth Management LLC acquired a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the first quarter valued at approximately $262,000.

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

NYSEARCA CGIB remained flat at $24.89 during trading on Tuesday. 109,358 shares of the company’s stock were exchanged, compared to its average volume of 102,668. Capital Group International Bond ETF has a 52-week low of $24.85 and a 52-week high of $26.41. The company has a 50 day moving average of $25.23 and a 200 day moving average of $25.29.

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

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th will be paid a $0.0250 dividend. This represents a $0.30 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Tuesday, September 29th.

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.