Capital Group International Core Equity ETF (NYSEARCA:CGIC) Sees Large Drop in Short Interest

Capital Group International Core Equity ETF (NYSEARCA:CGIC) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 232,739 shares, a drop of 72.7% from the June 30th total of 852,070 shares. Based on an average daily volume of 486,236 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On Capital Group International Core Equity ETF

Institutional investors have recently bought and sold shares of the business. LPL Financial LLC lifted its stake in Capital Group International Core Equity ETF by 96.4% during the 4th quarter. LPL Financial LLC now owns 2,778,105 shares of the company’s stock valued at $90,288,000 after acquiring an additional 1,363,726 shares during the period. Osaic Holdings Inc. increased its stake in shares of Capital Group International Core Equity ETF by 14.8% in the fourth quarter. Osaic Holdings Inc. now owns 2,368,482 shares of the company’s stock worth $76,976,000 after acquiring an additional 304,526 shares during the period. Royal Bank of Canada increased its stake in shares of Capital Group International Core Equity ETF by 111.5% in the first quarter. Royal Bank of Canada now owns 1,733,573 shares of the company’s stock worth $57,398,000 after acquiring an additional 914,088 shares during the period. Capital Group Private Client Services Inc. raised its holdings in shares of Capital Group International Core Equity ETF by 44.0% during the fourth quarter. Capital Group Private Client Services Inc. now owns 1,642,755 shares of the company’s stock worth $53,390,000 after purchasing an additional 502,242 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Capital Group International Core Equity ETF by 112.8% during the third quarter. Raymond James Financial Inc. now owns 1,311,860 shares of the company’s stock worth $40,418,000 after purchasing an additional 695,388 shares during the last quarter.

Capital Group International Core Equity ETF Stock Down 0.1%

Shares of Capital Group International Core Equity ETF stock traded down $0.03 on Friday, reaching $35.48. 463,754 shares of the stock were exchanged, compared to its average volume of 554,439. Capital Group International Core Equity ETF has a twelve month low of $28.53 and a twelve month high of $37.30. The firm has a market capitalization of $2.17 billion, a price-to-earnings ratio of 15.77 and a beta of 0.52. The business has a 50 day moving average price of $36.16 and a two-hundred day moving average price of $35.09.

Capital Group International Core Equity ETF Company Profile

The Capital Group International Core Equity ETF (CGIC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns by globally investing in companies, excluding those from the United States. CGIC was launched on Jun 25, 2024 and is issued by Capital Group.