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

Capital Group International Core Equity ETF (NYSEARCA:CGIC) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 852,070 shares, a growth of 150.9% from the June 15th total of 339,563 shares. Approximately 1.4% of the company’s stock are short sold. Based on an average trading volume of 507,926 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Trading of Capital Group International Core Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. LPL Financial LLC grew its stake in Capital Group International Core Equity ETF by 96.4% in the fourth quarter. LPL Financial LLC now owns 2,778,105 shares of the company’s stock valued at $90,288,000 after purchasing an additional 1,363,726 shares in the last quarter. Royal Bank of Canada grew its stake in shares of Capital Group International Core Equity ETF by 111.5% in the first quarter. Royal Bank of Canada now owns 1,733,573 shares of the company’s stock valued at $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 in the first quarter valued at $27,343,000. Raymond James Financial Inc. increased its holdings in 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 worth $40,418,000 after buying an additional 695,388 shares during the last quarter. Finally, Capital Group Private Client Services Inc. lifted its stake in Capital Group International Core Equity ETF by 44.0% in 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 acquiring an additional 502,242 shares during the last quarter.

Capital Group International Core Equity ETF Stock Down 1.7%

Shares of CGIC stock opened at $35.43 on Tuesday. Capital Group International Core Equity ETF has a 12 month low of $28.53 and a 12 month high of $37.30. The company’s fifty day simple moving average is $36.23 and its 200-day simple moving average is $34.92. The firm has a market cap of $2.10 billion, a PE ratio of 15.77 and a beta of 0.52.

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.