Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Stock Short Interest Report for October

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 37,791 shares, a decline of 35.6% from the September 30th total of 58,652 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 161,868 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its holdings in Capital Group International Bond ETF (USD-Hedged) by 24.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,412,532 shares of the company’s stock valued at $36,062,000 after purchasing an additional 276,881 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 92.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 257,602 shares of the company’s stock valued at $6,501,000 after purchasing an additional 123,689 shares during the last quarter. Assetmark Inc. boosted its stake in Capital Group International Bond ETF (USD-Hedged) by 43.7% during the first quarter. Assetmark Inc. now owns 110,827 shares of the company’s stock worth $2,797,000 after buying an additional 33,694 shares during the period. Royal Bank of Canada increased its holdings in Capital Group International Bond ETF (USD-Hedged) by 8.2% in the 1st quarter. Royal Bank of Canada now owns 108,697 shares of the company’s stock valued at $2,743,000 after purchasing an additional 8,275 shares during the last quarter. Finally, Sei Investments Co. boosted its position in shares of Capital Group International Bond ETF (USD-Hedged) by 29.8% during the first quarter. Sei Investments Co. now owns 89,348 shares of the company’s stock worth $2,255,000 after buying an additional 20,501 shares during the period.

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

Shares of NYSEARCA CGIB opened at $25.14 on Monday. The business has a fifty day simple moving average of $25.08 and a two-hundred day simple moving average of $25.31. Capital Group International Bond ETF has a twelve month low of $24.83 and a twelve month high of $26.41.

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

The company also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Friday, October 30th will be given a $0.0250 dividend. The ex-dividend date is Friday, October 30th. This represents a $0.30 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.