Capital Group International Equity ETF (NYSEARCA:CGIE) Short Interest Up 407.6% in February

Capital Group International Equity ETF (NYSEARCA:CGIE) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 192,434 shares, an increase of 407.6% from the February 12th total of 37,908 shares. Based on an average daily trading volume, of 743,785 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the shares of the stock are short sold. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 743,785 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Capital Group International Equity ETF

Several large investors have recently modified their holdings of the stock. Bank of New York Mellon Corp bought a new position in shares of Capital Group International Equity ETF in the fourth quarter worth $70,727,000. Merit Financial Group LLC acquired a new stake in Capital Group International Equity ETF during the third quarter worth about $24,379,000. LPL Financial LLC grew its stake in Capital Group International Equity ETF by 49.2% during the fourth quarter. LPL Financial LLC now owns 2,081,808 shares of the company’s stock worth $72,489,000 after buying an additional 686,514 shares in the last quarter. Bank of America Corp DE increased its holdings in Capital Group International Equity ETF by 13,277.2% in the 3rd quarter. Bank of America Corp DE now owns 643,710 shares of the company’s stock valued at $21,706,000 after buying an additional 638,898 shares during the period. Finally, Jones Financial Companies Lllp increased its holdings in Capital Group International Equity ETF by 67.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,191,870 shares of the company’s stock valued at $39,905,000 after buying an additional 479,447 shares during the period.

Capital Group International Equity ETF Stock Performance

Shares of CGIE stock traded up $0.23 during trading on Tuesday, hitting $35.06. The company had a trading volume of 637,133 shares, compared to its average volume of 692,409. The firm has a market capitalization of $1.69 billion, a P/E ratio of 20.85 and a beta of 0.62. Capital Group International Equity ETF has a one year low of $26.10 and a one year high of $37.07. The stock’s 50-day moving average price is $36.07 and its 200 day moving average price is $34.74.

Capital Group International Equity ETF Announces Dividend

The business also recently disclosed 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 of this dividend was Friday, December 26th. This represents a yield of 76.0%.

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.