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 increase in short interest in August. As of August 31st, there was short interest totaling 55,125 shares, an increase of 111.6% from the August 15th total of 26,055 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 334,912 shares, the days-to-cover ratio is currently 0.2 days.

Capital Group International Core Equity ETF Price Performance

CGIC stock traded down $0.30 during midday trading on Monday, hitting $36.60. The company’s stock had a trading volume of 199,713 shares, compared to its average volume of 537,690. The stock has a market capitalization of $2.30 billion, a P/E ratio of 15.77 and a beta of 0.54. The company’s fifty day moving average price is $36.42 and its 200 day moving average price is $35.62. Capital Group International Core Equity ETF has a twelve month low of $30.27 and a twelve month high of $37.48.

Capital Group International Core Equity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a $0.346 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This is a boost from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.02. This represents a $1.38 annualized dividend and a dividend yield of 3.8%.

Institutional Trading of Capital Group International Core Equity ETF

A number of institutional investors have recently bought and sold shares of CGIC. Capital Analysts LLC increased its position in shares of Capital Group International Core Equity ETF by 101.3% in the second quarter. Capital Analysts LLC now owns 24,838 shares of the company’s stock worth $904,000 after purchasing an additional 12,497 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of Capital Group International Core Equity ETF by 68.0% during the second quarter. Integrated Wealth Concepts LLC now owns 10,941 shares of the company’s stock valued at $398,000 after purchasing an additional 4,428 shares in the last quarter. RFG Advisory LLC grew its holdings in Capital Group International Core Equity ETF by 546.6% during the 2nd quarter. RFG Advisory LLC now owns 40,266 shares of the company’s stock worth $1,465,000 after acquiring an additional 34,039 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Capital Group International Core Equity ETF by 9.2% in the second quarter. NewEdge Advisors LLC now owns 576,001 shares of the company’s stock valued at $20,961,000 after purchasing an additional 48,584 shares during the period. Finally, IFP Advisors Inc raised its holdings in Capital Group International Core Equity ETF by 316.6% during the 2nd quarter. IFP Advisors Inc now owns 854 shares of the company’s stock worth $31,000 after purchasing an additional 649 shares during the last quarter.

Capital Group International Core Equity ETF Company Profile

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.