Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Sees Significant Drop in Short Interest

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 4,881 shares, a decrease of 89.0% from the January 29th total of 44,358 shares. Based on an average trading volume of 101,848 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 101,848 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CGIB. Assetmark Inc. bought a new position in shares of Capital Group International Bond ETF (USD-Hedged) during the second quarter valued at approximately $141,000. Brookstone Capital Management boosted its position in shares of Capital Group International Bond ETF (USD-Hedged) by 54.9% in the 2nd quarter. Brookstone Capital Management now owns 15,756 shares of the company’s stock worth $398,000 after purchasing an additional 5,586 shares in the last quarter. Merit Financial Group LLC purchased a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter worth approximately $8,317,000. Tempus Wealth Planning LLC bought a new position in Capital Group International Bond ETF (USD-Hedged) during the 3rd quarter valued at approximately $513,000. Finally, Envestnet Asset Management Inc. increased its position in 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 buying an additional 61,030 shares in the last quarter.

Capital Group International Bond ETF (USD-Hedged) Trading Down 0.0%

Shares of NYSEARCA CGIB traded down $0.01 during mid-day trading on Wednesday, hitting $25.71. 296,392 shares of the stock traded hands, compared to its average volume of 90,327. The stock has a fifty day moving average price of $25.48 and a 200-day moving average price of $25.43. Capital Group International Bond ETF has a 52 week low of $25.04 and a 52 week high of $27.23.

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

The firm also recently announced a monthly dividend, which was paid on Monday, February 2nd. Stockholders of record on Friday, January 30th were given a $0.025 dividend. The ex-dividend date of this dividend was Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend 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.