Capital Group Core Equity ETF (NYSEARCA:CGUS) Short Interest Up 1,004.5% in June

Capital Group Core Equity ETF (NYSEARCA:CGUS) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,523,677 shares, an increase of 1,004.5% from the May 31st total of 137,957 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 1,073,530 shares, the short-interest ratio is presently 1.4 days.

Capital Group Core Equity ETF Price Performance

Shares of Capital Group Core Equity ETF stock opened at $43.68 on Friday. Capital Group Core Equity ETF has a one year low of $36.40 and a one year high of $44.60. The firm has a market capitalization of $10.49 billion, a price-to-earnings ratio of 26.31 and a beta of 0.94. The business has a 50-day simple moving average of $43.29 and a 200 day simple moving average of $41.30.

Institutional Investors Weigh In On Capital Group Core Equity ETF

Hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new stake in shares of Capital Group Core Equity ETF during the first quarter valued at approximately $527,000. Focus Partners Wealth lifted its holdings in shares of Capital Group Core Equity ETF by 314.0% in the 1st quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock worth $317,000 after purchasing an additional 7,193 shares in the last quarter. Sei Investments Co. grew its position in Capital Group Core Equity ETF by 33.8% in the 2nd quarter. Sei Investments Co. now owns 1,338,685 shares of the company’s stock valued at $49,438,000 after purchasing an additional 338,456 shares during the period. Raymond James Financial Inc. grew its position in Capital Group Core Equity ETF by 8.6% in the 2nd quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock valued at $209,332,000 after purchasing an additional 450,094 shares during the period. Finally, Jane Street Group LLC increased its stake in Capital Group Core Equity ETF by 11.6% during the 2nd quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock valued at $5,909,000 after purchasing an additional 16,646 shares in the last quarter.

Capital Group Core Equity ETF Company Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.