Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Short Interest Up 811.1% in February

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 44,470 shares, an increase of 811.1% from the February 12th total of 4,881 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 97,115 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 97,115 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.7% of the company’s shares are sold short.

Capital Group International Bond ETF (USD-Hedged) Stock Performance

CGIB stock traded down $0.02 during trading on Tuesday, hitting $25.40. The company had a trading volume of 56,411 shares, compared to its average volume of 90,092. The business has a 50-day moving average of $25.51 and a 200-day moving average of $25.45. Capital Group International Bond ETF has a one year low of $25.04 and a one year high of $27.23.

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

The company also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid a $0.025 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, February 27th.

Hedge Funds Weigh In On Capital Group International Bond ETF (USD-Hedged)

Hedge funds have recently bought and sold shares of the company. Assetmark Inc. bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the second quarter valued at $141,000. Merit Financial Group LLC bought a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter worth about $8,317,000. Orion Porfolio Solutions LLC bought a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter worth about $13,477,000. Tempus Wealth Planning LLC acquired a new position in shares of Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter valued at about $513,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of Capital Group International Bond ETF (USD-Hedged) by 770.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 68,950 shares of the company’s stock valued at $1,740,000 after purchasing an additional 61,030 shares in the last quarter.

About Capital Group International Bond ETF (USD-Hedged)

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.