Short Interest in Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Rises By 72.0%

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 150,289 shares, a growth of 72.0% from the June 30th total of 87,365 shares. Based on an average trading volume of 96,900 shares, the short-interest ratio is currently 1.6 days. Approximately 1.3% of the company’s shares are short sold.

Institutional Investors Weigh In On Capital Group International Bond ETF (USD-Hedged)

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Assetmark Inc. lifted its position in shares of Capital Group International Bond ETF (USD-Hedged) by 97.6% during the fourth quarter. Assetmark Inc. now owns 77,133 shares of the company’s stock worth $1,956,000 after purchasing an additional 38,090 shares in the last quarter. Benjamin Edwards Inc. grew its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 227.1% in the fourth quarter. Benjamin Edwards Inc. now owns 60,388 shares of the company’s stock worth $1,531,000 after acquiring an additional 41,927 shares in the last quarter. HighTower Advisors LLC acquired a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the fourth quarter worth $9,376,000. Janney Montgomery Scott LLC increased its position in shares of Capital Group International Bond ETF (USD-Hedged) by 92.4% during the first quarter. Janney Montgomery Scott LLC now owns 257,602 shares of the company’s stock worth $6,501,000 after acquiring an additional 123,689 shares during the period. Finally, Merit Financial Group LLC increased its position in shares of Capital Group International Bond ETF (USD-Hedged) by 6.3% during the fourth quarter. Merit Financial Group LLC now owns 348,189 shares of the company’s stock worth $8,830,000 after acquiring an additional 20,627 shares during the period.

Capital Group International Bond ETF (USD-Hedged) Trading Down 0.3%

NYSEARCA CGIB opened at $25.27 on Friday. The stock has a fifty day simple moving average of $25.41 and a 200-day simple moving average of $25.39. Capital Group International Bond ETF has a twelve month low of $24.96 and a twelve month high of $26.41.

Capital Group International Bond ETF (USD-Hedged) Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 31st will be given a $0.025 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 1.2%.

Capital Group International Bond ETF (USD-Hedged) Company Profile

The Capital Group International Bond ETF (USD-Hedged) (CGIB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high-level of current income and capital preservation by actively investing in global debt securities with broad credit ratings and maturities. CGIB was launched on Jun 25, 2024 and is issued by Capital Group.