Capital Group International Core Equity ETF (NYSEARCA:CGIC) Short Interest Down 44.6% in March

Capital Group International Core Equity ETF (NYSEARCA:CGIC) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 59,142 shares, a drop of 44.6% from the February 26th total of 106,724 shares. Based on an average daily volume of 579,745 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of Capital Group International Core Equity ETF

Several large investors have recently bought and sold shares of CGIC. LPL Financial LLC grew its holdings in shares of Capital Group International Core Equity ETF by 96.4% during the 4th 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 4th quarter. Osaic Holdings Inc. now owns 2,368,482 shares of the company’s stock valued at $76,976,000 after purchasing an additional 304,526 shares during the period. Capital Group Private Client Services Inc. boosted its position in shares of Capital Group International Core Equity ETF by 44.0% during the fourth quarter. Capital Group Private Client Services Inc. now owns 1,642,755 shares of the company’s stock valued at $53,390,000 after purchasing an additional 502,242 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Capital Group International Core Equity ETF by 112.8% during the third quarter. Raymond James Financial Inc. now owns 1,311,860 shares of the company’s stock valued at $40,418,000 after purchasing an additional 695,388 shares in the last quarter. Finally, Merit Financial Group LLC grew its stake in Capital Group International Core Equity ETF by 2.9% in the fourth quarter. Merit Financial Group LLC now owns 1,114,156 shares of the company’s stock worth $36,210,000 after purchasing an additional 31,447 shares during the period.

Capital Group International Core Equity ETF Stock Down 0.2%

Shares of CGIC traded down $0.05 during trading hours on Friday, reaching $32.28. 60,454 shares of the company traded hands, compared to its average volume of 583,539. Capital Group International Core Equity ETF has a 12 month low of $23.12 and a 12 month high of $36.20. The company’s fifty day moving average price is $34.49 and its two-hundred day moving average price is $32.60. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 15.77 and a beta of 0.32.

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.