Capital Group Growth ETF (NYSEARCA:CGGR) Short Interest Up 300.8% in December

Capital Group Growth ETF (NYSEARCA:CGGR) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 1,322,596 shares, a growth of 300.8% from the December 15th total of 329,962 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 2,313,909 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 2,313,909 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. ORG Partners LLC increased its position in shares of Capital Group Growth ETF by 167.2% during the 4th quarter. ORG Partners LLC now owns 38,713 shares of the company’s stock worth $1,722,000 after purchasing an additional 24,223 shares during the last quarter. AA Financial Advisors LLC increased its holdings in Capital Group Growth ETF by 82.0% during the fourth quarter. AA Financial Advisors LLC now owns 375,012 shares of the company’s stock worth $16,677,000 after buying an additional 168,917 shares during the last quarter. Lantz Financial LLC increased its holdings in Capital Group Growth ETF by 40.9% during the fourth quarter. Lantz Financial LLC now owns 139,893 shares of the company’s stock worth $6,221,000 after buying an additional 40,618 shares during the last quarter. Johnson Bixby & Associates LLC raised its position in Capital Group Growth ETF by 3.6% during the fourth quarter. Johnson Bixby & Associates LLC now owns 1,394,757 shares of the company’s stock worth $62,025,000 after acquiring an additional 48,837 shares in the last quarter. Finally, Spire Wealth Management lifted its stake in Capital Group Growth ETF by 15.0% in the fourth quarter. Spire Wealth Management now owns 78,900 shares of the company’s stock valued at $3,509,000 after acquiring an additional 10,306 shares during the last quarter.

Capital Group Growth ETF Stock Down 1.1%

Shares of CGGR opened at $44.86 on Thursday. The company has a 50 day moving average of $44.22 and a 200-day moving average of $43.30. The stock has a market capitalization of $19.66 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83.

Capital Group Growth ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a dividend of $0.0424 per share. This represents a dividend yield of 19.0%. The ex-dividend date was Friday, December 26th.

Capital Group Growth ETF Company Profile

The Capital Group Growth ETF (CGGR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests predominantly in US companies of any market capitalization. The fund seeks to provide capital growth. CGGR was launched on Feb 22, 2022 and is managed by Capital Group.