Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Short Interest Up 263.6% in April

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 165,786 shares, an increase of 263.6% from the April 15th total of 45,598 shares. Based on an average daily trading volume, of 116,702 shares, the days-to-cover ratio is presently 1.4 days. Approximately 1.8% of the shares of the stock are short sold.

Capital Group International Bond ETF (USD-Hedged) Stock Down 0.8%

Shares of Capital Group International Bond ETF (USD-Hedged) stock traded down $0.20 during trading on Friday, reaching $25.05. The company’s stock had a trading volume of 108,636 shares, compared to its average volume of 93,447. Capital Group International Bond ETF has a 12-month low of $24.96 and a 12-month high of $27.23. The business has a 50 day moving average price of $25.26 and a 200-day moving average price of $25.42.

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

The firm also recently declared a monthly dividend, which was paid on Friday, May 1st. Investors of record on Thursday, April 30th were paid a $0.025 dividend. The ex-dividend date was Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%.

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

A number of institutional investors have recently modified their holdings of the business. Koshinski Asset Management Inc. lifted its position in shares of Capital Group International Bond ETF (USD-Hedged) by 14.5% in the first quarter. Koshinski Asset Management Inc. now owns 11,884 shares of the company’s stock valued at $300,000 after acquiring an additional 1,501 shares in the last quarter. RFG Advisory LLC lifted its position in shares of Capital Group International Bond ETF (USD-Hedged) by 9.9% in the first quarter. RFG Advisory LLC now owns 17,655 shares of the company’s stock valued at $446,000 after acquiring an additional 1,586 shares in the last quarter. Security Financial Services INC. lifted its position in shares of Capital Group International Bond ETF (USD-Hedged) by 13.6% in the fourth quarter. Security Financial Services INC. now owns 13,471 shares of the company’s stock valued at $342,000 after acquiring an additional 1,614 shares in the last quarter. Comerica Bank purchased a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the fourth quarter valued at $44,000. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the fourth quarter valued at $61,000.

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.