Short Interest in Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Drops By 70.9%

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 51,674 shares, a drop of 70.9% from the May 14th total of 177,372 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 119,919 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Capital Group International Bond ETF (USD-Hedged)

A number of large investors have recently added to or reduced their stakes in CGIB. Comerica Bank bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the fourth quarter worth approximately $44,000. Geneos Wealth Management Inc. bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the fourth quarter worth approximately $61,000. Mariner LLC bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the fourth quarter worth approximately $200,000. J. Derek Lewis & Associates Inc. bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the first quarter worth approximately $209,000. Finally, Fifth Third Bancorp bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the first quarter worth approximately $212,000.

Capital Group International Bond ETF (USD-Hedged) Trading Up 0.4%

Shares of Capital Group International Bond ETF (USD-Hedged) stock traded up $0.10 on Thursday, hitting $25.40. The company had a trading volume of 53,955 shares, compared to its average volume of 94,010. The business has a 50-day simple moving average of $25.28 and a 200-day simple moving average of $25.39. Capital Group International Bond ETF has a 52 week low of $24.96 and a 52 week high of $27.23.

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

The business also recently disclosed a monthly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 29th were issued a $0.0253 dividend. This represents a c) annualized dividend and a dividend yield of 1.2%. This is a boost from Capital Group International Bond ETF (USD-Hedged)’s previous monthly dividend of $0.03. The ex-dividend date was Friday, May 29th.

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.