Capital Group Short Duration Income ETF (NYSEARCA:CGSD) Short Interest Update

Capital Group Short Duration Income ETF (NYSEARCA:CGSD) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 49,852 shares, a decline of 61.0% from the June 30th total of 127,872 shares. Based on an average daily trading volume, of 433,117 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Capital Group Short Duration Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC bought a new position in shares of Capital Group Short Duration Income ETF during the 2nd quarter valued at about $27,000. Flagship Harbor Advisors LLC bought a new stake in shares of Capital Group Short Duration Income ETF in the 4th quarter worth approximately $28,000. Birchwood Financial Partners Inc. acquired a new stake in Capital Group Short Duration Income ETF during the fourth quarter valued at approximately $32,000. Sound Income Strategies LLC acquired a new stake in Capital Group Short Duration Income ETF during the first quarter valued at approximately $39,000. Finally, IFP Advisors Inc boosted its holdings in Capital Group Short Duration Income ETF by 102.4% during the third quarter. IFP Advisors Inc now owns 1,779 shares of the company’s stock worth $46,000 after buying an additional 900 shares in the last quarter.

Capital Group Short Duration Income ETF Trading Up 0.1%

Shares of Capital Group Short Duration Income ETF stock traded up $0.03 during trading on Tuesday, hitting $25.73. The stock had a trading volume of 579,420 shares, compared to its average volume of 471,064. The business has a fifty day moving average of $25.75 and a two-hundred day moving average of $25.88. Capital Group Short Duration Income ETF has a fifty-two week low of $25.65 and a fifty-two week high of $26.15.

Capital Group Short Duration Income ETF Company Profile

The Capital Group Short Duration Income ETF (CGSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that invests in a broad portfolio of investment grade bonds, debts, and money market instruments. The average portfolio duration is expected to be less than two years. CGSD was launched on Oct 25, 2022 and is managed by Capital Group.