Capital Group International Core Equity ETF (NYSEARCA:CGIC) Short Interest Down 39.3% in April

Capital Group International Core Equity ETF (NYSEARCA:CGIC) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 127,231 shares, a decline of 39.3% from the April 15th total of 209,643 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 394,131 shares, the short-interest ratio is presently 0.3 days.

Capital Group International Core Equity ETF Stock Performance

Shares of NYSEARCA:CGIC traded down $0.19 during midday trading on Tuesday, hitting $35.49. 261,928 shares of the stock were exchanged, compared to its average volume of 530,262. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 15.77 and a beta of 0.52. The business’s 50-day moving average price is $34.36 and its 200 day moving average price is $33.61. Capital Group International Core Equity ETF has a 12 month low of $27.86 and a 12 month high of $36.44.

Institutional Trading of Capital Group International Core Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. LPL Financial LLC lifted its stake in shares of Capital Group International Core Equity ETF by 96.4% in the fourth quarter. LPL Financial LLC now owns 2,778,105 shares of the company’s stock worth $90,288,000 after acquiring an additional 1,363,726 shares during the period. Osaic Holdings Inc. lifted its stake in shares of Capital Group International Core Equity ETF by 14.8% in the fourth quarter. Osaic Holdings Inc. now owns 2,368,482 shares of the company’s stock worth $76,976,000 after acquiring an additional 304,526 shares during the period. Royal Bank of Canada lifted its stake in shares of Capital Group International Core Equity ETF by 111.5% in the first quarter. Royal Bank of Canada now owns 1,733,573 shares of the company’s stock worth $57,398,000 after acquiring an additional 914,088 shares during the period. Capital Group Private Client Services Inc. lifted its stake in shares of Capital Group International Core Equity ETF by 44.0% in the fourth quarter. Capital Group Private Client Services Inc. now owns 1,642,755 shares of the company’s stock worth $53,390,000 after acquiring an additional 502,242 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in shares of Capital Group International Core Equity ETF by 112.8% in the third quarter. Raymond James Financial Inc. now owns 1,311,860 shares of the company’s stock worth $40,418,000 after acquiring an additional 695,388 shares during the period.

Capital Group International Core Equity ETF Company Profile

The Capital Group International Core Equity ETF (CGIC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns by globally investing in companies, excluding those from the United States. CGIC was launched on Jun 25, 2024 and is issued by Capital Group.