Capital Group Core Equity ETF (NYSEARCA:CGUS) Short Interest Up 411.5% in February

Capital Group Core Equity ETF (NYSEARCA:CGUS) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 509,537 shares, an increase of 411.5% from the February 12th total of 99,621 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 1,166,331 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 1,166,331 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Capital Group Core Equity ETF

A number of institutional investors have recently bought and sold shares of the business. Pinnacle Bancorp Inc. lifted its position in shares of Capital Group Core Equity ETF by 234.4% in the third quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock valued at $25,000 after buying an additional 450 shares during the last quarter. Pflug Koory LLC acquired a new position in shares of Capital Group Core Equity ETF during the 4th quarter worth approximately $25,000. First Horizon Corp bought a new stake in Capital Group Core Equity ETF in the 4th quarter valued at $32,000. CoreCap Advisors LLC raised its stake in Capital Group Core Equity ETF by 41.0% in the 4th quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock valued at $44,000 after acquiring an additional 320 shares during the period. Finally, Huntington National Bank acquired a new stake in Capital Group Core Equity ETF during the 3rd quarter valued at $50,000.

Capital Group Core Equity ETF Trading Down 0.0%

Shares of CGUS traded down $0.02 during midday trading on Tuesday, reaching $40.17. The stock had a trading volume of 949,982 shares, compared to its average volume of 1,165,045. The firm has a market cap of $8.62 billion, a PE ratio of 26.31 and a beta of 0.92. The firm has a 50 day simple moving average of $40.71 and a 200-day simple moving average of $40.05. Capital Group Core Equity ETF has a one year low of $28.95 and a one year high of $41.38.

Capital Group Core Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were paid a $0.1055 dividend. This is an increase from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date was Friday, December 26th. This represents a $0.42 annualized dividend and a yield of 1.1%.

Capital Group Core Equity ETF Company Profile

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.