Capital Group Core Equity ETF (NYSEARCA:CGUS) Short Interest Up 346.2% in December

Capital Group Core Equity ETF (NYSEARCA:CGUS) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 533,237 shares, a growth of 346.2% from the November 30th total of 119,500 shares. Based on an average trading volume of 952,934 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company’s shares are short sold. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 952,934 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Capital Group Core Equity ETF

Large investors have recently modified their holdings of the stock. Pinnacle Bancorp Inc. grew its position in Capital Group Core Equity ETF by 234.4% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock worth $25,000 after purchasing an additional 450 shares during the last quarter. Fifth Third Bancorp bought a new position in Capital Group Core Equity ETF in the 2nd quarter worth approximately $40,000. Huntington National Bank acquired a new stake in Capital Group Core Equity ETF in the 3rd quarter valued at approximately $50,000. Hazlett Burt & Watson Inc. raised its stake in Capital Group Core Equity ETF by 28.5% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,285 shares of the company’s stock valued at $51,000 after acquiring an additional 285 shares in the last quarter. Finally, First PREMIER Bank acquired a new position in Capital Group Core Equity ETF during the 2nd quarter worth $83,000.

Capital Group Core Equity ETF Stock Performance

CGUS opened at $40.69 on Thursday. Capital Group Core Equity ETF has a 1 year low of $28.95 and a 1 year high of $40.80. The firm has a 50 day moving average price of $39.97 and a 200 day moving average price of $38.78. The company has a market cap of $7.85 billion, a PE ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a dividend of $0.0925 per share. This represents a $0.37 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 30th.

Capital Group Core Equity ETF Company Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.