Capital Group International Equity ETF (NYSEARCA:CGIE) Short Interest Up 22.1% in March

Capital Group International Equity ETF (NYSEARCA:CGIE) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 234,943 shares, an increase of 22.1% from the February 26th total of 192,434 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 645,311 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Capital Group International Equity ETF

Several institutional investors have recently added to or reduced their stakes in the business. Valmark Advisers Inc. purchased a new position in shares of Capital Group International Equity ETF during the third quarter worth about $1,029,000. LVW Advisors LLC raised its stake in Capital Group International Equity ETF by 8.9% during the 3rd quarter. LVW Advisors LLC now owns 717,550 shares of the company’s stock valued at $24,196,000 after acquiring an additional 58,386 shares during the last quarter. StrongBox Wealth LLC raised its stake in Capital Group International Equity ETF by 199.3% during the 3rd quarter. StrongBox Wealth LLC now owns 291,997 shares of the company’s stock valued at $9,846,000 after acquiring an additional 194,447 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in Capital Group International Equity ETF during the 2nd quarter worth approximately $294,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Capital Group International Equity ETF by 13.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 223,500 shares of the company’s stock valued at $7,657,000 after purchasing an additional 27,007 shares during the last quarter.

Capital Group International Equity ETF Trading Up 1.8%

NYSEARCA:CGIE traded up $0.60 during trading hours on Tuesday, hitting $33.25. The company’s stock had a trading volume of 61,373 shares, compared to its average volume of 653,674. The stock has a market capitalization of $1.60 billion, a P/E ratio of 20.85 and a beta of 0.62. The stock has a fifty day moving average of $35.45 and a 200-day moving average of $34.81. Capital Group International Equity ETF has a 52-week low of $26.10 and a 52-week high of $37.07.

About Capital Group International Equity ETF

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.