Capital Group International Core Equity ETF (NYSEARCA:CGIC) Sees Significant Increase in Short Interest

Capital Group International Core Equity ETF (NYSEARCA:CGIC) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 55,125 shares, a growth of 111.6% from the August 15th total of 26,055 shares. Based on an average daily volume of 334,912 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On Capital Group International Core Equity ETF

Several large investors have recently added to or reduced their stakes in the business. IFP Advisors Inc lifted its stake in Capital Group International Core Equity ETF by 316.6% in the second quarter. IFP Advisors Inc now owns 854 shares of the company’s stock worth $31,000 after acquiring an additional 649 shares during the last quarter. Greykasell Wealth Strategies Inc. increased its holdings in Capital Group International Core Equity ETF by 57.4% in the fourth quarter. Greykasell Wealth Strategies Inc. now owns 886 shares of the company’s stock valued at $29,000 after buying an additional 323 shares during the last quarter. Western Wealth Management LLC purchased a new stake in Capital Group International Core Equity ETF during the 1st quarter worth about $35,000. Rothschild Investment LLC acquired a new position in shares of Capital Group International Core Equity ETF during the 4th quarter worth about $55,000. Finally, GHP Investment Advisors Inc. increased its holdings in shares of Capital Group International Core Equity ETF by 200.0% in the 1st quarter. GHP Investment Advisors Inc. now owns 2,100 shares of the company’s stock valued at $70,000 after acquiring an additional 1,400 shares during the last quarter.

Capital Group International Core Equity ETF Trading Down 0.6%

Shares of NYSEARCA CGIC opened at $36.28 on Wednesday. The stock has a market capitalization of $2.27 billion, a PE ratio of 15.77 and a beta of 0.54. Capital Group International Core Equity ETF has a twelve month low of $30.27 and a twelve month high of $37.48. The stock has a fifty day simple moving average of $36.43 and a 200-day simple moving average of $35.62.

Capital Group International Core Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.346 per share. This represents a $1.38 dividend on an annualized basis and a yield of 3.8%. This is a boost from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Tuesday, June 30th.

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.