Capital Group International Core Equity ETF (NYSEARCA:CGIC) Short Interest Update

Capital Group International Core Equity ETF (NYSEARCA:CGIC) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,534,706 shares, an increase of 1,085.1% from the May 14th total of 129,502 shares. Based on an average trading volume of 827,400 shares, the days-to-cover ratio is currently 1.9 days. Approximately 3.2% of the shares of the stock are short sold.

Institutional Trading of Capital Group International Core Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. LPL Financial LLC increased its holdings in shares of Capital Group International Core Equity ETF by 96.4% during the fourth quarter. LPL Financial LLC now owns 2,778,105 shares of the company’s stock worth $90,288,000 after purchasing an additional 1,363,726 shares during the period. Royal Bank of Canada boosted its holdings in shares of Capital Group International Core Equity ETF by 111.5% during the 1st quarter. Royal Bank of Canada now owns 1,733,573 shares of the company’s stock worth $57,398,000 after buying an additional 914,088 shares in the last quarter. Johnson Bixby & Associates LLC bought a new position in shares of Capital Group International Core Equity ETF during the 1st quarter worth approximately $27,343,000. Raymond James Financial Inc. lifted its holdings in shares of Capital Group International Core Equity ETF by 112.8% in the 3rd quarter. Raymond James Financial Inc. now owns 1,311,860 shares of the company’s stock worth $40,418,000 after purchasing an additional 695,388 shares in the last quarter. Finally, Capital Group Private Client Services Inc. lifted its stake in Capital Group International Core Equity ETF by 44.0% during the 4th quarter. Capital Group Private Client Services Inc. now owns 1,642,755 shares of the company’s stock valued at $53,390,000 after acquiring an additional 502,242 shares in the last quarter.

Capital Group International Core Equity ETF Price Performance

Shares of NYSEARCA CGIC traded up $0.39 during mid-day trading on Thursday, hitting $35.76. The company’s stock had a trading volume of 204,312 shares, compared to its average volume of 565,480. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 15.77 and a beta of 0.52. Capital Group International Core Equity ETF has a one year low of $28.17 and a one year high of $37.05. The company’s fifty day simple moving average is $35.41 and its 200-day simple moving average is $34.20.

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.