Capital Group International Core Equity ETF (NYSEARCA:CGIC) Stock Short Interest Report for October

Capital Group International Core Equity ETF (NYSEARCA:CGIC) saw a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 62,806 shares, a drop of 80.2% from the October 15th total of 317,462 shares. Based on an average daily trading volume, of 445,365 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Benjamin Edwards Inc. increased its stake in Capital Group International Core Equity ETF by 36.4% during the 3rd quarter. Benjamin Edwards Inc. now owns 352,437 shares of the company’s stock worth $12,680,000 after buying an additional 94,142 shares during the period. Red Oak Financial Group LLC lifted its stake in Capital Group International Core Equity ETF by 7.6% during the third quarter. Red Oak Financial Group LLC now owns 216,260 shares of the company’s stock worth $7,781,000 after purchasing an additional 15,245 shares during the last quarter. Berger Financial Group Inc boosted its holdings in shares of Capital Group International Core Equity ETF by 34.9% in the 3rd quarter. Berger Financial Group Inc now owns 22,825 shares of the company’s stock valued at $821,000 after buying an additional 5,900 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of Capital Group International Core Equity ETF by 60.4% during the third quarter. Private Advisor Group LLC now owns 553,300 shares of the company’s stock worth $19,908,000 after purchasing an additional 208,384 shares during the last quarter. Finally, PCG Wealth Advisors LLC increased its position in Capital Group International Core Equity ETF by 21.6% during the third quarter. PCG Wealth Advisors LLC now owns 75,279 shares of the company’s stock worth $2,709,000 after buying an additional 13,395 shares during the period.

Capital Group International Core Equity ETF Stock Performance

NYSEARCA CGIC traded down $0.33 during trading hours on Thursday, reaching $35.14. The stock had a trading volume of 863,288 shares, compared to its average volume of 521,898. Capital Group International Core Equity ETF has a 52-week low of $30.42 and a 52-week high of $37.48. The stock has a market cap of $2.57 billion, a P/E ratio of 15.77 and a beta of 0.58. The stock has a fifty day moving average of $35.86 and a 200 day moving average of $35.58.

Capital Group International Core Equity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were given a $0.1298 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.5%. This is a drop from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.3460. The ex-dividend date was Wednesday, September 30th.

About Capital Group International Core Equity ETF

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.