Short Interest in Capital Group International Core Equity ETF (NYSEARCA:CGIC) Declines By 27.6%

Capital Group International Core Equity ETF (NYSEARCA:CGIC) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 18,600 shares, a decrease of 27.6% from the August 31st total of 25,700 shares. Based on an average trading volume of 237,400 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 237,400 shares, the short-interest ratio is currently 0.1 days.

Capital Group International Core Equity ETF Stock Down 0.0%

NYSEARCA:CGIC opened at $31.26 on Tuesday. The company has a market capitalization of $612.70 million and a PE ratio of 15.77. The stock’s 50 day moving average price is $30.14 and its 200 day moving average price is $28.51. Capital Group International Core Equity ETF has a 52-week low of $23.12 and a 52-week high of $31.31.

Capital Group International Core Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were given a dividend of $0.079 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.32 annualized dividend and a yield of 1.0%.

Hedge Funds Weigh In On Capital Group International Core Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC acquired a new position in Capital Group International Core Equity ETF during the first quarter worth about $27,000. Capital Analysts LLC purchased a new position in Capital Group International Core Equity ETF in the 1st quarter valued at about $31,000. JPMorgan Chase & Co. boosted its stake in shares of Capital Group International Core Equity ETF by 140.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,322 shares of the company’s stock worth $38,000 after purchasing an additional 773 shares during the last quarter. Sittner & Nelson LLC acquired a new stake in shares of Capital Group International Core Equity ETF during the 2nd quarter worth about $89,000. Finally, Assetmark Inc. purchased a new stake in shares of Capital Group International Core Equity ETF during the second quarter worth about $97,000.

About Capital Group International Core Equity ETF

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.