Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Short Interest Down 21.2% in January

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 44,358 shares, a drop of 21.2% from the January 15th total of 56,324 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily volume of 105,900 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 105,900 shares, the short-interest ratio is presently 0.4 days. Approximately 0.7% of the company’s shares are sold short.

Institutional Trading of Capital Group International Bond ETF (USD-Hedged)

Hedge funds and other institutional investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC acquired a new stake in Capital Group International Bond ETF (USD-Hedged) in the 2nd quarter valued at $417,000. Assetmark Inc. bought a new stake in Capital Group International Bond ETF (USD-Hedged) in the second quarter valued at approximately $141,000. Brookstone Capital Management lifted its holdings in Capital Group International Bond ETF (USD-Hedged) by 54.9% during the 2nd quarter. Brookstone Capital Management now owns 15,756 shares of the company’s stock valued at $398,000 after purchasing an additional 5,586 shares during the last quarter. Merit Financial Group LLC acquired a new stake in shares of Capital Group International Bond ETF (USD-Hedged) during the 3rd quarter worth about $8,317,000. Finally, Tempus Wealth Planning LLC bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) during the third quarter worth approximately $513,000.

Capital Group International Bond ETF (USD-Hedged) Price Performance

Shares of CGIB traded up $0.06 during trading hours on Tuesday, reaching $25.64. The stock had a trading volume of 22,945 shares, compared to its average volume of 85,330. Capital Group International Bond ETF has a 52 week low of $25.04 and a 52 week high of $27.23. The firm has a 50-day moving average of $25.45 and a 200 day moving average of $25.41.

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

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were given a $0.025 dividend. The ex-dividend date was Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 1.2%.

About Capital Group International Bond ETF (USD-Hedged)

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.