Capital Group International Core Equity ETF (NYSEARCA:CGIC) Short Interest Down 77.9% in June

Capital Group International Core Equity ETF (NYSEARCA:CGIC) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 339,563 shares, a decrease of 77.9% from the May 31st total of 1,534,706 shares. Based on an average daily volume of 664,445 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in shares of Capital Group International Core Equity ETF by 730.7% during the 1st quarter. Royal Bank of Canada now owns 37,513 shares of the company’s stock valued at $975,000 after acquiring an additional 32,997 shares during the last quarter. Jane Street Group LLC boosted its holdings in Capital Group International Core Equity ETF by 1,049.1% during the first quarter. Jane Street Group LLC now owns 393,141 shares of the company’s stock worth $10,214,000 after purchasing an additional 358,927 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Capital Group International Core Equity ETF by 140.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,322 shares of the company’s stock valued at $38,000 after acquiring an additional 773 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of Capital Group International Core Equity ETF by 35.6% during the 2nd quarter. Raymond James Financial Inc. now owns 616,472 shares of the company’s stock worth $17,946,000 after purchasing an additional 161,995 shares in the last quarter. Finally, Great Valley Advisor Group Inc. acquired a new stake in Capital Group International Core Equity ETF in the second quarter valued at $355,000.

Capital Group International Core Equity ETF Trading Up 0.7%

NYSEARCA CGIC traded up $0.25 during trading hours on Monday, reaching $36.34. 358,250 shares of the company’s stock were exchanged, compared to its average volume of 560,572. The firm has a fifty day moving average of $36.00 and a 200-day moving average of $34.63. Capital Group International Core Equity ETF has a one year low of $28.53 and a one year high of $37.30. The stock has a market cap of $1.73 billion, a PE ratio of 15.77 and a beta of 0.52.

Capital Group International Core Equity ETF Company Profile

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.