Capital Group International Equity ETF (NYSEARCA:CGIE) Short Interest Update

Capital Group International Equity ETF (NYSEARCA:CGIE) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 25,261 shares, a drop of 67.9% from the July 15th total of 78,694 shares. Based on an average trading volume of 421,004 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Capital Group International Equity ETF Trading Down 0.2%

CGIE stock traded down $0.06 during mid-day trading on Friday, hitting $38.31. The stock had a trading volume of 325,196 shares, compared to its average volume of 537,730. Capital Group International Equity ETF has a 1-year low of $32.37 and a 1-year high of $38.45. The company has a fifty day moving average of $36.76 and a 200 day moving average of $35.98. The stock has a market capitalization of $2.47 billion, a price-to-earnings ratio of 20.85 and a beta of 0.63.

Hedge Funds Weigh In On Capital Group International Equity ETF

A number of hedge funds have recently added to or reduced their stakes in CGIE. Comerica Bank raised its position in Capital Group International Equity ETF by 9.6% during the third quarter. Comerica Bank now owns 3,526 shares of the company’s stock valued at $119,000 after acquiring an additional 309 shares in the last quarter. Wisconsin Wealth Advisors LLC grew its position in Capital Group International Equity ETF by 0.9% in the second quarter. Wisconsin Wealth Advisors LLC now owns 39,055 shares of the company’s stock worth $1,436,000 after acquiring an additional 335 shares in the last quarter. Warner Financial Inc. grew its position in Capital Group International Equity ETF by 1.1% in the second quarter. Warner Financial Inc. now owns 35,573 shares of the company’s stock worth $1,308,000 after acquiring an additional 383 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Capital Group International Equity ETF by 42.2% during the 2nd quarter. NewEdge Advisors LLC now owns 2,158 shares of the company’s stock worth $71,000 after purchasing an additional 640 shares during the last quarter. Finally, Investmark Advisory Group LLC raised its holdings in shares of Capital Group International Equity ETF by 9.0% during the 4th quarter. Investmark Advisory Group LLC now owns 9,060 shares of the company’s stock valued at $315,000 after purchasing an additional 748 shares in the last quarter.

Capital Group International Equity ETF Company Profile

The Capital Group International Equity ETF (CGIE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of non-US companies. The objective centers on identifying companies believed to have the potential for growth. CGIE was launched on Sep 26, 2023 and is issued by Capital Group.