Capital Group International Equity ETF (NYSEARCA:CGIE) Sees Significant Growth in Short Interest

Capital Group International Equity ETF (NYSEARCA:CGIE) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 113,160 shares, an increase of 149.1% from the December 15th total of 45,435 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 541,423 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 541,423 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the company’s stock are short sold.

Capital Group International Equity ETF Trading Up 0.2%

Shares of NYSEARCA:CGIE traded up $0.06 on Friday, reaching $36.40. The company had a trading volume of 148,732 shares, compared to its average volume of 569,785. The firm has a market capitalization of $1.62 billion, a PE ratio of 20.85 and a beta of 0.62. Capital Group International Equity ETF has a 52-week low of $26.10 and a 52-week high of $36.52. The firm’s 50 day simple moving average is $34.75 and its 200-day simple moving average is $33.82.

Capital Group International Equity ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a $0.1341 dividend. The ex-dividend date was Friday, December 26th. This represents a yield of 76.0%.

Institutional Trading of Capital Group International Equity ETF

Institutional investors have recently modified their holdings of the company. UBS Group AG raised its stake in shares of Capital Group International Equity ETF by 22.1% during the 3rd quarter. UBS Group AG now owns 1,568,268 shares of the company’s stock worth $52,882,000 after acquiring an additional 284,045 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in Capital Group International Equity ETF by 6.0% in the third quarter. Venturi Wealth Management LLC now owns 1,399,939 shares of the company’s stock worth $47,206,000 after purchasing an additional 79,061 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Capital Group International Equity ETF by 67.3% during the third quarter. Jones Financial Companies Lllp now owns 1,191,870 shares of the company’s stock worth $39,905,000 after purchasing an additional 479,447 shares in the last quarter. Johnson Bixby & Associates LLC lifted its holdings in shares of Capital Group International Equity ETF by 4.2% during the 3rd quarter. Johnson Bixby & Associates LLC now owns 987,388 shares of the company’s stock valued at $33,295,000 after purchasing an additional 39,620 shares during the last quarter. Finally, Capital Group Private Client Services Inc. lifted its holdings in shares of Capital Group International Equity ETF by 13.7% during the 3rd quarter. Capital Group Private Client Services Inc. now owns 957,247 shares of the company’s stock valued at $32,278,000 after purchasing an additional 115,535 shares during the last quarter.

Capital Group International Equity ETF Company Profile

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.