Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) Short Interest Up 194.6% in June

Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 239,939 shares, a growth of 194.6% from the May 31st total of 81,454 shares. Based on an average daily volume of 1,077,387 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Western Wealth Management LLC increased its position in shares of Capital Group U.S. Small and Mid Cap ETF by 16.5% during the first quarter. Western Wealth Management LLC now owns 21,432 shares of the company’s stock worth $629,000 after acquiring an additional 3,034 shares in the last quarter. NewEdge Advisors LLC lifted its position in Capital Group U.S. Small and Mid Cap ETF by 10.0% in the 1st quarter. NewEdge Advisors LLC now owns 743,518 shares of the company’s stock valued at $21,830,000 after acquiring an additional 67,790 shares in the last quarter. Security Financial Services INC. boosted its stake in Capital Group U.S. Small and Mid Cap ETF by 16.5% in the 1st quarter. Security Financial Services INC. now owns 38,149 shares of the company’s stock worth $1,120,000 after purchasing an additional 5,417 shares during the period. WNY Asset Management LLC acquired a new position in Capital Group U.S. Small and Mid Cap ETF in the 1st quarter worth $449,000. Finally, J. Derek Lewis & Associates Inc. increased its holdings in Capital Group U.S. Small and Mid Cap ETF by 32.1% during the 1st quarter. J. Derek Lewis & Associates Inc. now owns 225,804 shares of the company’s stock worth $6,658,000 after purchasing an additional 54,877 shares in the last quarter.

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

NYSEARCA CGMM traded up $0.10 during trading hours on Tuesday, reaching $32.79. 371,019 shares of the company’s stock were exchanged, compared to its average volume of 1,109,149. The company’s 50-day moving average is $31.69 and its two-hundred day moving average is $30.70. Capital Group U.S. Small and Mid Cap ETF has a one year low of $26.68 and a one year high of $32.86. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of 21.71 and a beta of 0.86.

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.