Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) Short Interest Up 63.9% in December

Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 140,867 shares, an increase of 63.9% from the December 15th total of 85,933 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 531,328 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 531,328 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the company’s shares are short sold.

Capital Group U.S. Small and Mid Cap ETF Price Performance

NYSEARCA:CGMM traded down $0.04 during trading hours on Friday, hitting $30.82. The company had a trading volume of 1,562,753 shares, compared to its average volume of 940,841. The stock has a 50-day moving average price of $28.98 and a 200 day moving average price of $28.33. The company has a market capitalization of $1.29 billion, a PE ratio of 21.71 and a beta of 1.27. Capital Group U.S. Small and Mid Cap ETF has a 52 week low of $20.57 and a 52 week high of $30.96.

Hedge Funds Weigh In On Capital Group U.S. Small and Mid Cap ETF

A number of institutional investors have recently bought and sold shares of CGMM. Private Trust Co. NA purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the third quarter worth about $28,000. Comerica Bank purchased a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter valued at approximately $29,000. Raymond James Financial Inc. purchased a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the 2nd quarter valued at approximately $30,000. Westside Investment Management Inc. bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF during the third quarter valued at approximately $33,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in Capital Group U.S. Small and Mid Cap ETF in the third quarter worth $36,000.

About Capital Group U.S. Small and Mid Cap ETF

The Capital Group U.S. Small and Mid Cap ETF (CGMM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing primarily in equity-type securities of small and mid-cap companies in the US. The fund aims for capital growth CGMM was launched on Jan 14, 2025 and is issued by Capital Group.