Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) Short Interest Update

Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 246,324 shares, a growth of 174.6% from the July 30th total of 89,713 shares. Based on an average daily volume of 735,281 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Trading of Capital Group U.S. Small and Mid Cap ETF

Several hedge funds and other institutional investors have recently bought and sold shares of CGMM. Ameritas Advisory Services LLC boosted its position in Capital Group U.S. Small and Mid Cap ETF by 24.2% during the 2nd quarter. Ameritas Advisory Services LLC now owns 19,566 shares of the company’s stock valued at $645,000 after acquiring an additional 3,807 shares in the last quarter. Kintra Wealth LLC raised its position in shares of Capital Group U.S. Small and Mid Cap ETF by 407.1% in the 2nd quarter. Kintra Wealth LLC now owns 47,672 shares of the company’s stock worth $1,608,000 after acquiring an additional 38,271 shares in the last quarter. Hopwood Nicholas Hunter purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter worth $2,457,000. NWF Advisory Services Inc. lifted its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 9.4% during the 2nd quarter. NWF Advisory Services Inc. now owns 80,560 shares of the company’s stock worth $2,656,000 after purchasing an additional 6,937 shares during the last quarter. Finally, High Net Worth Advisory Group LLC purchased a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the 2nd quarter worth $210,000.

Capital Group U.S. Small and Mid Cap ETF Stock Performance

NYSEARCA CGMM opened at $32.81 on Friday. The firm’s 50 day moving average price is $32.63 and its 200-day moving average price is $31.53. Capital Group U.S. Small and Mid Cap ETF has a 52-week low of $26.80 and a 52-week high of $33.84. The company has a market cap of $3.23 billion, a PE ratio of 21.71 and a beta of 0.83.

Capital Group U.S. Small and Mid Cap ETF Company Profile

The Capital Group U.S. Small and Mid Cap ETF (CGMM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing primarily in equity-type securities of small and mid-cap companies in the US. The fund aims for capital growth CGMM was launched on Jan 14, 2025 and is issued by Capital Group.