Capital Group International Equity ETF (NYSEARCA:CGIE) Short Interest Update

Capital Group International Equity ETF (NYSEARCA:CGIE) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 55,696 shares, a decline of 77.2% from the August 15th total of 244,735 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 321,098 shares, the short-interest ratio is currently 0.2 days.

Capital Group International Equity ETF Price Performance

NYSEARCA CGIE traded up $0.41 on Friday, reaching $37.44. The company had a trading volume of 309,934 shares, compared to its average volume of 517,475. Capital Group International Equity ETF has a 1 year low of $32.52 and a 1 year high of $38.63. The firm has a 50-day moving average of $37.28 and a 200-day moving average of $36.20. The firm has a market capitalization of $2.41 billion, a PE ratio of 20.85 and a beta of 0.63.

Capital Group International Equity ETF Announces Dividend

The company also recently declared a semiannual dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were issued a dividend of $0.3673 per share. This represents a yield of 200.0%. The ex-dividend date of this dividend was Tuesday, June 30th.

Hedge Funds Weigh In On Capital Group International Equity ETF

A number of institutional investors have recently added to or reduced their stakes in the company. SHP Wealth Management acquired a new stake in shares of Capital Group International Equity ETF during the fourth quarter valued at about $30,000. EverSource Wealth Advisors LLC acquired a new position in shares of Capital Group International Equity ETF in the first quarter worth about $30,000. Allworth Financial LP purchased a new position in Capital Group International Equity ETF in the third quarter valued at about $35,000. Sunbelt Securities Inc. acquired a new stake in Capital Group International Equity ETF during the 3rd quarter valued at approximately $61,000. Finally, NewEdge Advisors LLC grew its stake in Capital Group International Equity ETF by 42.2% during the 2nd quarter. NewEdge Advisors LLC now owns 2,158 shares of the company’s stock valued at $71,000 after purchasing an additional 640 shares in the last quarter.

Capital Group International Equity ETF Company Profile

The Capital Group International Equity ETF (CGIE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of non-US companies. The objective centers on identifying companies believed to have the potential for growth. CGIE was launched on Sep 26, 2023 and is issued by Capital Group.