Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) Short Interest Update

Capital Group Global Growth Equity ETF (NYSEARCA:CGGO) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 943,290 shares, a growth of 158.2% from the April 30th total of 365,363 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 1,243,733 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Capital Group Global Growth Equity ETF

A number of institutional investors have recently made changes to their positions in CGGO. Brighton Jones LLC acquired a new stake in shares of Capital Group Global Growth Equity ETF in the 4th quarter worth approximately $243,000. Goldman Sachs Group Inc. lifted its stake in shares of Capital Group Global Growth Equity ETF by 84.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 79,640 shares of the company’s stock worth $2,256,000 after acquiring an additional 36,578 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Capital Group Global Growth Equity ETF by 1,057.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 211,635 shares of the company’s stock worth $6,766,000 after acquiring an additional 193,351 shares during the period. Marshall Wace LLP acquired a new stake in shares of Capital Group Global Growth Equity ETF in the 2nd quarter worth approximately $1,802,000. Finally, Cerity Partners LLC lifted its stake in shares of Capital Group Global Growth Equity ETF by 3.3% in the 2nd quarter. Cerity Partners LLC now owns 31,002 shares of the company’s stock worth $992,000 after acquiring an additional 993 shares during the period.

Capital Group Global Growth Equity ETF Trading Up 0.1%

Capital Group Global Growth Equity ETF stock traded up $0.03 during midday trading on Friday, reaching $41.04. 862,236 shares of the stock traded hands, compared to its average volume of 1,347,658. The firm has a fifty day moving average price of $36.99 and a two-hundred day moving average price of $35.93. The firm has a market cap of $11.11 billion, a price-to-earnings ratio of 22.37 and a beta of 1.01. Capital Group Global Growth Equity ETF has a fifty-two week low of $30.07 and a fifty-two week high of $41.22.

Capital Group Global Growth Equity ETF Company Profile

The Capital Group Global Growth Equity ETF (CGGO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in US and non-US companies of any market capitalization with growth potential. CGGO was launched on Feb 22, 2022 and is managed by Capital Group.