Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Short Interest Update

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the target of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 4,881 shares, a decline of 89.0% from the January 29th total of 44,358 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 101,848 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 101,848 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

Capital Group International Bond ETF (USD-Hedged) Trading Up 0.0%

NYSEARCA:CGIB traded up $0.01 during mid-day trading on Thursday, reaching $25.72. The stock had a trading volume of 67,424 shares, compared to its average volume of 89,639. The business’s 50 day moving average is $25.48 and its 200 day moving average is $25.43. Capital Group International Bond ETF has a fifty-two week low of $25.04 and a fifty-two week high of $27.23.

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

The company also recently announced a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were given a $0.025 dividend. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Friday, January 30th.

Hedge Funds Weigh In On Capital Group International Bond ETF (USD-Hedged)

A number of hedge funds have recently made changes to their positions in CGIB. Composition Wealth LLC acquired a new stake in shares of Capital Group International Bond ETF (USD-Hedged) during the 4th quarter valued at about $35,454,000. Wells Fargo & Company MN grew its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 429.5% in the 4th quarter. Wells Fargo & Company MN now owns 975,099 shares of the company’s stock valued at $24,729,000 after purchasing an additional 790,948 shares during the period. Orion Porfolio Solutions LLC bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter valued at approximately $13,477,000. HighTower Advisors LLC acquired a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the 4th quarter worth approximately $9,376,000. Finally, Merit Financial Group LLC lifted its position in shares of Capital Group International Bond ETF (USD-Hedged) by 6.3% during the 4th quarter. Merit Financial Group LLC now owns 348,189 shares of the company’s stock worth $8,830,000 after buying an additional 20,627 shares during the period.

Capital Group International Bond ETF (USD-Hedged) Company Profile

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.