Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) Short Interest Update

Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 81,454 shares, a decline of 71.9% from the May 14th total of 290,274 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,010,479 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Capital Group U.S. Small and Mid Cap ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Merit Financial Group LLC grew its position in Capital Group U.S. Small and Mid Cap ETF by 3,215.7% during the third quarter. Merit Financial Group LLC now owns 1,316,034 shares of the company’s stock worth $37,362,000 after buying an additional 1,276,343 shares in the last quarter. Wells Fargo & Company MN grew its position in Capital Group U.S. Small and Mid Cap ETF by 349.4% during the fourth quarter. Wells Fargo & Company MN now owns 1,588,268 shares of the company’s stock worth $45,806,000 after buying an additional 1,234,872 shares in the last quarter. LPL Financial LLC grew its position in Capital Group U.S. Small and Mid Cap ETF by 48.7% during the fourth quarter. LPL Financial LLC now owns 2,955,064 shares of the company’s stock worth $85,224,000 after buying an additional 967,841 shares in the last quarter. Captrust Financial Advisors grew its position in Capital Group U.S. Small and Mid Cap ETF by 2,813.8% during the second quarter. Captrust Financial Advisors now owns 923,440 shares of the company’s stock worth $24,822,000 after buying an additional 891,748 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its stake in Capital Group U.S. Small and Mid Cap ETF by 2,797.0% in the fourth quarter. Kestra Advisory Services LLC now owns 898,412 shares of the company’s stock valued at $25,910,000 after purchasing an additional 867,400 shares in the last quarter.

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

CGMM stock traded up $0.70 during mid-day trading on Thursday, reaching $31.75. 1,747,236 shares of the company traded hands, compared to its average volume of 1,139,351. The company has a market capitalization of $2.37 billion, a P/E ratio of 21.71 and a beta of 0.86. Capital Group U.S. Small and Mid Cap ETF has a 52-week low of $25.71 and a 52-week high of $32.38. The company has a fifty day moving average price of $31.21 and a 200-day moving average price of $30.35.

Capital Group U.S. Small and Mid Cap ETF Company Profile

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.