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

Capital Group International Core Equity ETF (NYSEARCA:CGIC) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 43,565 shares, a decrease of 30.3% from the December 31st total of 62,533 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 487,221 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 487,221 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Capital Group International Core Equity ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in shares of Capital Group International Core Equity ETF by 730.7% in the 1st quarter. Royal Bank of Canada now owns 37,513 shares of the company’s stock worth $975,000 after buying an additional 32,997 shares during the last quarter. Jane Street Group LLC lifted its holdings in Capital Group International Core Equity ETF by 1,049.1% in the first quarter. Jane Street Group LLC now owns 393,141 shares of the company’s stock valued at $10,214,000 after acquiring an additional 358,927 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in Capital Group International Core Equity ETF in the second quarter worth about $285,000. Capital Investment Advisors LLC boosted its holdings in shares of Capital Group International Core Equity ETF by 37.5% in the second quarter. Capital Investment Advisors LLC now owns 24,188 shares of the company’s stock worth $704,000 after buying an additional 6,603 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Capital Group International Core Equity ETF by 27.4% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 96,759 shares of the company’s stock worth $2,817,000 after acquiring an additional 20,819 shares during the last quarter.

Capital Group International Core Equity ETF Price Performance

NYSEARCA CGIC traded down $0.47 during mid-day trading on Friday, reaching $34.57. The stock had a trading volume of 535,962 shares, compared to its average volume of 589,113. The stock has a market cap of $1.15 billion, a PE ratio of 15.77 and a beta of 0.32. Capital Group International Core Equity ETF has a 1 year low of $23.12 and a 1 year high of $35.19. The company has a fifty day moving average price of $32.89 and a 200 day moving average price of $31.27.

Capital Group International Core Equity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were given a dividend of $0.1593 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.8%. This is a boost from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Friday, December 26th.

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.