Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) Short Interest Update

Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,352,732 shares, a growth of 146.1% from the July 15th total of 549,581 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 1,481,789 shares, the days-to-cover ratio is currently 0.9 days.

Capital Group Global Growth Equity ETF Trading Down 0.0%

Shares of CGGO traded down $0.01 on Friday, reaching $41.28. The company’s stock had a trading volume of 960,461 shares, compared to its average volume of 1,324,780. Capital Group Global Growth Equity ETF has a twelve month low of $31.94 and a twelve month high of $42.88. The stock has a market capitalization of $11.95 billion, a PE ratio of 22.37 and a beta of 1.02. The firm has a fifty day moving average of $40.55 and a 200-day moving average of $38.11.

Institutional Trading of Capital Group Global Growth Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. KWB Wealth boosted its position in shares of Capital Group Global Growth Equity ETF by 29.6% during the second quarter. KWB Wealth now owns 488,425 shares of the company’s stock valued at $20,675,000 after buying an additional 111,537 shares during the last quarter. A&I Financial Services LLC grew its stake in shares of Capital Group Global Growth Equity ETF by 11.1% in the 2nd quarter. A&I Financial Services LLC now owns 103,762 shares of the company’s stock worth $4,392,000 after acquiring an additional 10,329 shares in the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of Capital Group Global Growth Equity ETF by 15.4% in the second quarter. Wealthcare Advisory Partners LLC now owns 6,971 shares of the company’s stock valued at $295,000 after purchasing an additional 929 shares during the last quarter. Sapient Capital LLC boosted its holdings in Capital Group Global Growth Equity ETF by 12.0% during the second quarter. Sapient Capital LLC now owns 7,010 shares of the company’s stock worth $297,000 after purchasing an additional 750 shares during the last quarter. Finally, Wealth Science Advisors LLC boosted its holdings in Capital Group Global Growth Equity ETF by 5.1% during the second quarter. Wealth Science Advisors LLC now owns 669,120 shares of the company’s stock worth $28,324,000 after purchasing an additional 32,728 shares during the last quarter.

Capital Group Global Growth Equity ETF Company Profile

The Capital Group Global Growth Equity ETF (CGGO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in US and non-US companies of any market capitalization with growth potential. CGGO was launched on Feb 22, 2022 and is managed by Capital Group.