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

Capital Group International Core Equity ETF (NYSEARCA:CGIC) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 232,739 shares, a decrease of 72.7% from the June 30th total of 852,070 shares. Based on an average trading volume of 486,236 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Trading of Capital Group International Core Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Greykasell Wealth Strategies Inc. grew its position in shares of Capital Group International Core Equity ETF by 57.4% in the 4th quarter. Greykasell Wealth Strategies Inc. now owns 886 shares of the company’s stock valued at $29,000 after acquiring an additional 323 shares during the period. Western Wealth Management LLC acquired a new stake in Capital Group International Core Equity ETF in the 1st quarter valued at about $35,000. Arax Advisory Partners acquired a new stake in Capital Group International Core Equity ETF in the 4th quarter valued at about $35,000. JPMorgan Chase & Co. grew its holdings in Capital Group International Core Equity ETF by 140.8% during the second 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 period. Finally, Rothschild Investment LLC bought a new position in Capital Group International Core Equity ETF during the fourth quarter worth about $55,000.

Capital Group International Core Equity ETF Trading Down 0.4%

Shares of NYSEARCA:CGIC traded down $0.14 during trading on Tuesday, hitting $35.43. 240,835 shares of the company were exchanged, compared to its average volume of 550,192. Capital Group International Core Equity ETF has a fifty-two week low of $28.53 and a fifty-two week high of $37.30. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 15.77 and a beta of 0.52. The firm has a fifty day moving average price of $36.16 and a two-hundred day moving average price of $35.12.

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.