Capital Group International Core Equity ETF (NYSEARCA:CGIC) Short Interest Update

Capital Group International Core Equity ETF (NYSEARCA:CGIC) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 852,070 shares, a growth of 150.9% from the June 15th total of 339,563 shares. Based on an average trading volume of 507,926 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.4% of the company’s shares are sold short.

Hedge Funds Weigh In On Capital Group International Core Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Adamsbrown Wealth Consultants LLC increased its position in shares of Capital Group International Core Equity ETF by 48.1% in the 2nd quarter. Adamsbrown Wealth Consultants LLC now owns 14,165 shares of the company’s stock valued at $515,000 after buying an additional 4,602 shares in the last quarter. Cooper Financial Group lifted its holdings in Capital Group International Core Equity ETF by 139.9% during the second quarter. Cooper Financial Group now owns 29,305 shares of the company’s stock worth $1,066,000 after acquiring an additional 17,087 shares in the last quarter. NerdWallet Wealth Partners LLC grew its stake in Capital Group International Core Equity ETF by 16.7% in the second quarter. NerdWallet Wealth Partners LLC now owns 37,130 shares of the company’s stock valued at $1,351,000 after acquiring an additional 5,324 shares during the period. Harbor Investment Advisory LLC grew its stake in Capital Group International Core Equity ETF by 117.1% in the second quarter. Harbor Investment Advisory LLC now owns 6,459 shares of the company’s stock valued at $235,000 after acquiring an additional 3,484 shares during the period. Finally, Versant Capital Management Inc increased its holdings in shares of Capital Group International Core Equity ETF by 151.9% in the second quarter. Versant Capital Management Inc now owns 8,060 shares of the company’s stock worth $293,000 after acquiring an additional 4,860 shares in the last quarter.

Capital Group International Core Equity ETF Stock Performance

Shares of NYSEARCA CGIC opened at $35.43 on Tuesday. The stock has a market cap of $2.10 billion, a P/E ratio of 15.77 and a beta of 0.52. The firm has a 50 day moving average price of $36.23 and a 200 day moving average price of $34.92. Capital Group International Core Equity ETF has a 52-week low of $28.53 and a 52-week high of $37.30.

About Capital Group International Core Equity ETF

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.