Short Interest in Capital Group International Core Equity ETF (NYSEARCA:CGIC) Increases By 111.6%

Capital Group International Core Equity ETF (NYSEARCA:CGICGet Free Report) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 55,125 shares, an increase of 111.6% from the August 15th total of 26,055 shares. Based on an average trading volume of 334,912 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Capital Group International Core Equity ETF Trading Down 0.8%

NYSEARCA CGIC traded down $0.30 on Monday, reaching $36.60. The stock had a trading volume of 199,713 shares, compared to its average volume of 537,690. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 15.77 and a beta of 0.54. The business has a 50 day moving average price of $36.42 and a 200 day moving average price of $35.62. Capital Group International Core Equity ETF has a 1 year low of $30.27 and a 1 year high of $37.48.

Capital Group International Core Equity ETF Increases Dividend

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

Hedge Funds Weigh In On Capital Group International Core Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada grew its stake in Capital Group International Core Equity ETF by 730.7% during the first quarter. Royal Bank of Canada now owns 37,513 shares of the company’s stock worth $975,000 after buying an additional 32,997 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Capital Group International Core Equity ETF by 1,049.1% in the 1st quarter. Jane Street Group LLC now owns 393,141 shares of the company’s stock valued at $10,214,000 after purchasing an additional 358,927 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Capital Group International Core Equity ETF by 140.8% in the second quarter. JPMorgan Chase & Co. now owns 1,322 shares of the company’s stock valued at $38,000 after acquiring an additional 773 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Capital Group International Core Equity ETF by 35.6% during the second quarter. Raymond James Financial Inc. now owns 616,472 shares of the company’s stock worth $17,946,000 after purchasing an additional 161,995 shares during the period. Finally, Great Valley Advisor Group Inc. acquired a new position in shares of Capital Group International Core Equity ETF during the 2nd quarter worth about $355,000.

Capital Group International Core Equity ETF Company Profile

(Get Free Report)

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.

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