Short Interest in Capital Group Core Equity ETF (NYSEARCA:CGUS) Increases By 90.2%

Capital Group Core Equity ETF (NYSEARCA:CGUS) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 616,384 shares, an increase of 90.2% from the June 30th total of 324,047 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 959,469 shares, the days-to-cover ratio is currently 0.6 days.

Capital Group Core Equity ETF Price Performance

Shares of NYSEARCA CGUS opened at $44.69 on Friday. Capital Group Core Equity ETF has a 1-year low of $37.19 and a 1-year high of $44.84. The business’s fifty day moving average price is $44.05 and its two-hundred day moving average price is $41.99. The firm has a market capitalization of $11.42 billion, a PE ratio of 26.31 and a beta of 0.93.

Hedge Funds Weigh In On Capital Group Core Equity ETF

Institutional investors have recently modified their holdings of the company. Pflug Koory LLC acquired a new stake in shares of Capital Group Core Equity ETF in the 4th quarter worth about $25,000. First Horizon Corp acquired a new position in Capital Group Core Equity ETF during the 4th quarter valued at about $32,000. CoreCap Advisors LLC boosted its stake in Capital Group Core Equity ETF by 41.0% during the 4th quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock valued at $44,000 after purchasing an additional 320 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its position in Capital Group Core Equity ETF by 460.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,368 shares of the company’s stock worth $55,000 after purchasing an additional 1,124 shares during the last quarter. Finally, Bayban bought a new position in Capital Group Core Equity ETF in the 1st quarter worth about $61,000.

Capital Group Core Equity ETF Company Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.