Capital Group Core Equity ETF (NYSEARCA:CGUS) Short Interest Up 90.2% in July

Capital Group Core Equity ETF (NYSEARCA:CGUS) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 616,384 shares, an increase of 90.2% from the June 30th total of 324,047 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 959,469 shares, the short-interest ratio is currently 0.6 days.

Capital Group Core Equity ETF Trading Down 1.3%

Shares of CGUS stock opened at $43.29 on Thursday. Capital Group Core Equity ETF has a 1 year low of $37.19 and a 1 year high of $44.84. The firm’s fifty day simple moving average is $44.02 and its 200 day simple moving average is $41.95. The firm has a market capitalization of $11.06 billion, a P/E ratio of 26.31 and a beta of 0.93.

Institutional Trading of Capital Group Core Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of CGUS. Pflug Koory LLC acquired a new position in shares of Capital Group Core Equity ETF during the fourth quarter valued at about $25,000. First Horizon Corp acquired a new stake in Capital Group Core Equity ETF during the fourth quarter worth about $32,000. CoreCap Advisors LLC grew its position in Capital Group Core Equity ETF by 41.0% during the fourth quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock worth $44,000 after buying an additional 320 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in Capital Group Core Equity ETF by 460.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,368 shares of the company’s stock valued at $55,000 after acquiring an additional 1,124 shares during the period. Finally, Bayban bought a new position in Capital Group Core Equity ETF during the first quarter valued at about $61,000.

Capital Group Core Equity ETF Company Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.