Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Short Interest Down 38.1% in December

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 83,360 shares, a decrease of 38.1% from the December 15th total of 134,637 shares. Based on an average daily volume of 55,017 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.3% of the shares of the company are short sold. Currently, 1.3% of the shares of the company are short sold. Based on an average daily volume of 55,017 shares, the days-to-cover ratio is currently 1.5 days.

Capital Group International Bond ETF (USD-Hedged) Trading Up 0.2%

NYSEARCA CGIB traded up $0.04 during trading on Friday, reaching $25.55. The company’s stock had a trading volume of 126,694 shares, compared to its average volume of 61,563. The business’s fifty day moving average price is $25.45 and its 200-day moving average price is $25.35. Capital Group International Bond ETF has a twelve month low of $25.04 and a twelve month high of $27.23.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were paid a dividend of $0.0931 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a c) annualized dividend and a yield of 4.4%. This is a boost from Capital Group International Bond ETF (USD-Hedged)’s previous monthly dividend of $0.02.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC acquired a new position in Capital Group International Bond ETF (USD-Hedged) in the 2nd quarter valued at $417,000. Assetmark Inc. acquired a new position in shares of Capital Group International Bond ETF (USD-Hedged) during the second quarter worth about $141,000. Brookstone Capital Management raised its holdings in Capital Group International Bond ETF (USD-Hedged) by 54.9% during the second 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. Cullen Frost Bankers Inc. acquired a new stake in Capital Group International Bond ETF (USD-Hedged) in the second quarter valued at about $54,000. Finally, Merit Financial Group LLC purchased a new stake in Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter valued at approximately $8,317,000.

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.