Short Interest in Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Rises By 171.5%

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 120,734 shares, an increase of 171.5% from the February 26th total of 44,470 shares. Based on an average daily trading volume, of 90,668 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.9% of the company’s shares are short sold. Approximately 1.9% of the company’s shares are short sold. Based on an average daily trading volume, of 90,668 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Investors Weigh In On Capital Group International Bond ETF (USD-Hedged)

A number of large investors have recently bought and sold shares of the stock. Composition Wealth LLC bought a new stake in Capital Group International Bond ETF (USD-Hedged) in the fourth quarter valued at $35,454,000. Wells Fargo & Company MN boosted its position in shares of Capital Group International Bond ETF (USD-Hedged) by 429.5% during the 4th quarter. Wells Fargo & Company MN now owns 975,099 shares of the company’s stock worth $24,729,000 after purchasing an additional 790,948 shares in the last quarter. Orion Porfolio Solutions LLC acquired a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter valued at about $13,477,000. HighTower Advisors LLC acquired a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the 4th quarter valued at about $9,376,000. Finally, Merit Financial Group LLC bought a new stake in Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter valued at about $8,317,000.

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

Shares of Capital Group International Bond ETF (USD-Hedged) stock traded up $0.14 on Wednesday, reaching $25.22. 43,667 shares of the company’s stock were exchanged, compared to its average volume of 92,191. Capital Group International Bond ETF has a 52 week low of $25.03 and a 52 week high of $27.23. The firm’s 50-day moving average is $25.48 and its two-hundred day moving average is $25.46.

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

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were paid a dividend of $0.025 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) annualized dividend and a yield of 1.2%.

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.