Capital Group International Equity ETF (NYSEARCA:CGIE) Short Interest Up 118.8% in December

Capital Group International Equity ETF (NYSEARCA:CGIE) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 45,435 shares, a growth of 118.8% from the November 30th total of 20,765 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 340,112 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 340,112 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Capital Group International Equity ETF

A number of hedge funds have recently modified their holdings of the stock. CWM LLC raised its position in shares of Capital Group International Equity ETF by 766.3% during the second quarter. CWM LLC now owns 771 shares of the company’s stock worth $25,000 after purchasing an additional 682 shares during the period. Allworth Financial LP purchased a new position in Capital Group International Equity ETF in the 3rd quarter worth about $35,000. Sunbelt Securities Inc. acquired a new stake in Capital Group International Equity ETF during the 3rd quarter worth about $61,000. Steward Partners Investment Advisory LLC lifted its stake in Capital Group International Equity ETF by 619.6% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,871 shares of the company’s stock valued at $62,000 after buying an additional 1,611 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Capital Group International Equity ETF by 42.2% during the second quarter. NewEdge Advisors LLC now owns 2,158 shares of the company’s stock valued at $71,000 after buying an additional 640 shares in the last quarter.

Capital Group International Equity ETF Price Performance

CGIE stock opened at $35.08 on Friday. The firm has a market cap of $1.24 billion, a PE ratio of 20.85 and a beta of 0.62. Capital Group International Equity ETF has a 12 month low of $26.10 and a 12 month high of $35.11. The firm has a 50 day simple moving average of $34.35 and a 200 day simple moving average of $33.52.

Capital Group International Equity ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 26th will be given a dividend of $0.1341 per share. This represents a dividend yield of 76.0%. The ex-dividend date is Friday, December 26th.

About Capital Group International Equity ETF

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.