Capital Group International Core Equity ETF (NYSEARCA:CGIC) Short Interest Up 203.9% in February

Capital Group International Core Equity ETF (NYSEARCA:CGIC) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 123,214 shares, an increase of 203.9% from the January 29th total of 40,548 shares. Based on an average daily volume of 723,039 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.4% of the company’s stock are sold short. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 723,039 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Capital Group International Core Equity ETF

Several large investors have recently bought and sold shares of CGIC. LPL Financial LLC increased its stake in shares of Capital Group International Core Equity ETF by 96.4% during the fourth quarter. LPL Financial LLC now owns 2,778,105 shares of the company’s stock worth $90,288,000 after buying an additional 1,363,726 shares during the period. Merit Financial Group LLC acquired a new stake in shares of Capital Group International Core Equity ETF in the 3rd quarter valued at $33,358,000. Amplius Wealth Advisors LLC acquired a new position in shares of Capital Group International Core Equity ETF during the third quarter worth $31,311,000. Raymond James Financial Inc. increased its holdings in Capital Group International Core Equity ETF by 112.8% in the third quarter. Raymond James Financial Inc. now owns 1,311,860 shares of the company’s stock valued at $40,418,000 after buying an additional 695,388 shares during the last quarter. Finally, Osaic Holdings Inc. raised its stake in Capital Group International Core Equity ETF by 2,075.0% in the second quarter. Osaic Holdings Inc. now owns 710,911 shares of the company’s stock valued at $20,695,000 after buying an additional 678,225 shares in the last quarter.

Capital Group International Core Equity ETF Stock Down 0.2%

Capital Group International Core Equity ETF stock traded down $0.06 during mid-day trading on Friday, reaching $36.04. 498,640 shares of the company’s stock were exchanged, compared to its average volume of 630,127. Capital Group International Core Equity ETF has a twelve month low of $23.12 and a twelve month high of $36.20. The company has a market cap of $1.25 billion, a P/E ratio of 15.77 and a beta of 0.32. The company has a fifty day moving average of $34.31 and a 200-day moving average of $32.13.

Capital Group International Core Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were issued a $0.1593 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.8%. This is a boost from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Friday, December 26th.

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.