Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) Short Interest Update

Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 21,185 shares, a decrease of 66.2% from the February 12th total of 62,740 shares. Based on an average trading volume of 68,168 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 68,168 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CGUI. Cetera Investment Advisers acquired a new stake in Capital Group Ultra Short Income ETF during the fourth quarter worth about $1,640,000. Osaic Holdings Inc. lifted its position in shares of Capital Group Ultra Short Income ETF by 53.2% in the 4th quarter. Osaic Holdings Inc. now owns 160,199 shares of the company’s stock worth $4,055,000 after acquiring an additional 55,598 shares during the period. Captrust Financial Advisors lifted its position in shares of Capital Group Ultra Short Income ETF by 2.7% in the 4th quarter. Captrust Financial Advisors now owns 73,889 shares of the company’s stock worth $1,870,000 after acquiring an additional 1,914 shares during the period. Royal Bank of Canada grew its holdings in shares of Capital Group Ultra Short Income ETF by 720.3% during the 4th quarter. Royal Bank of Canada now owns 23,560 shares of the company’s stock worth $596,000 after purchasing an additional 20,688 shares in the last quarter. Finally, MML Investors Services LLC grew its holdings in shares of Capital Group Ultra Short Income ETF by 11.6% during the 4th quarter. MML Investors Services LLC now owns 46,402 shares of the company’s stock worth $1,174,000 after purchasing an additional 4,809 shares in the last quarter.

Capital Group Ultra Short Income ETF Stock Up 0.0%

Shares of CGUI stock opened at $25.35 on Wednesday. Capital Group Ultra Short Income ETF has a 1 year low of $25.16 and a 1 year high of $25.41. The firm’s fifty day simple moving average is $25.36 and its 200 day simple moving average is $25.34.

Capital Group Ultra Short Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a $0.0799 dividend. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a yield of 3.8%. This is a positive change from Capital Group Ultra Short Income ETF’s previous monthly dividend of $0.07.

Capital Group Ultra Short Income ETF Company Profile

The Capital Group Ultra Short Income ETF (CGUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of USD-denominated, income-producing debt securities with investment grade ratings and ultra-short term duration. It seeks current income and capital preservation while aiming to maintain a dollar-weighted average maturity of two years or less. CGUI was launched on Jun 25, 2024 and is issued by Capital Group.