Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Short Interest Down 70.9% in May

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 51,674 shares, a decrease of 70.9% from the May 14th total of 177,372 shares. Based on an average daily trading volume, of 119,919 shares, the short-interest ratio is currently 0.4 days. Approximately 0.6% of the company’s shares are sold short.

Hedge Funds Weigh In On Capital Group International Bond ETF (USD-Hedged)

Several large investors have recently made changes to their positions in the business. Koshinski Asset Management Inc. lifted its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 14.5% during the first quarter. Koshinski Asset Management Inc. now owns 11,884 shares of the company’s stock valued at $300,000 after purchasing an additional 1,501 shares during the last quarter. RFG Advisory LLC lifted its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 9.9% during the first quarter. RFG Advisory LLC now owns 17,655 shares of the company’s stock valued at $446,000 after purchasing an additional 1,586 shares during the last quarter. Security Financial Services INC. lifted its holdings in shares of Capital Group International Bond ETF (USD-Hedged) by 13.6% during the fourth quarter. Security Financial Services INC. now owns 13,471 shares of the company’s stock valued at $342,000 after purchasing an additional 1,614 shares during the last quarter. Comerica Bank purchased a new position in shares of Capital Group International Bond ETF (USD-Hedged) during the fourth quarter valued at approximately $44,000. Finally, Geneos Wealth Management Inc. purchased a new position in shares of Capital Group International Bond ETF (USD-Hedged) during the fourth quarter valued at approximately $61,000.

Capital Group International Bond ETF (USD-Hedged) Price Performance

CGIB stock traded up $0.01 during trading on Friday, reaching $25.44. The company had a trading volume of 47,650 shares, compared to its average volume of 93,710. Capital Group International Bond ETF has a 52 week low of $24.96 and a 52 week high of $27.23. The business has a 50 day moving average of $25.29 and a 200 day moving average of $25.39.

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

The business also recently declared a monthly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 29th were paid a $0.0253 dividend. The ex-dividend date of this dividend was Friday, May 29th. This is an increase from Capital Group International Bond ETF (USD-Hedged)’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a yield of 1.2%.

About Capital Group International Bond ETF (USD-Hedged)

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.