Short Interest in Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Increases By 811.1%

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 44,470 shares, an increase of 811.1% from the February 12th total of 4,881 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average trading volume of 97,115 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 97,115 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.7% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CGIB. Comerica Bank acquired a new position in shares of Capital Group International Bond ETF (USD-Hedged) during the fourth quarter worth $44,000. Geneos Wealth Management Inc. bought a new position in Capital Group International Bond ETF (USD-Hedged) during the 4th quarter worth $61,000. Assetmark Inc. acquired a new position in Capital Group International Bond ETF (USD-Hedged) during the 2nd quarter worth about $141,000. Cullen Frost Bankers Inc. grew its position in shares of Capital Group International Bond ETF (USD-Hedged) by 255.5% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 7,555 shares of the company’s stock valued at $192,000 after buying an additional 5,430 shares during the last quarter. Finally, Mariner LLC bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the 4th quarter valued at about $200,000.

Capital Group International Bond ETF (USD-Hedged) Trading Down 0.1%

Shares of CGIB traded down $0.02 during mid-day trading on Tuesday, reaching $25.40. The company had a trading volume of 56,411 shares, compared to its average volume of 90,092. The company’s 50 day simple moving average is $25.51 and its 200 day simple moving average is $25.45. Capital Group International Bond ETF has a 1-year low of $25.04 and a 1-year high of $27.23.

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

The company also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid a dividend of $0.025 per share. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, February 27th.

Capital Group International Bond ETF (USD-Hedged) Company Profile

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.