Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Short Interest Up 103.3% in June

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 105,070 shares, an increase of 103.3% from the May 31st total of 51,674 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average trading volume of 70,719 shares, the days-to-cover ratio is currently 1.5 days.

Capital Group International Bond ETF (USD-Hedged) Stock Up 0.0%

Shares of CGIB traded up $0.01 during trading hours on Tuesday, reaching $25.55. 102,258 shares of the stock traded hands, compared to its average volume of 92,330. Capital Group International Bond ETF has a 52-week low of $24.96 and a 52-week high of $27.23. The company’s 50-day moving average price is $25.36 and its two-hundred day moving average price is $25.39.

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

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th will be issued a dividend of $0.025 per share. The ex-dividend date of this dividend is Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 1.2%.

Institutional Trading of Capital Group International Bond ETF (USD-Hedged)

Institutional investors have recently made changes to their positions in the business. Royal Bank of Canada lifted its holdings in Capital Group International Bond ETF (USD-Hedged) by 42,260.8% in the 1st quarter. Royal Bank of Canada now owns 66,930 shares of the company’s stock worth $1,699,000 after purchasing an additional 66,772 shares in the last quarter. Sei Investments Co. purchased a new stake in Capital Group International Bond ETF (USD-Hedged) during the 2nd quarter valued at approximately $472,000. Main Street Financial Solutions LLC bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) during the second quarter valued at approximately $228,000. Jane Street Group LLC bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) during the second quarter valued at approximately $436,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 2,097.0% in the second quarter. Osaic Holdings Inc. now owns 14,105 shares of the company’s stock worth $356,000 after buying an additional 13,463 shares in the last quarter.

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.