Capital Group Core Equity ETF (NYSEARCA:CGUS) Short Interest Up 235.4% in December

Capital Group Core Equity ETF (NYSEARCA:CGUS) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 1,788,276 shares, an increase of 235.4% from the December 15th total of 533,237 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 1,052,664 shares, the short-interest ratio is currently 1.7 days. Based on an average daily trading volume, of 1,052,664 shares, the short-interest ratio is currently 1.7 days. Approximately 0.9% of the company’s stock are sold short.

Institutional Investors Weigh In On Capital Group Core Equity ETF

Several large investors have recently bought and sold shares of the business. AQR Capital Management LLC purchased a new position in Capital Group Core Equity ETF in the first quarter worth $527,000. Integrity Alliance LLC. purchased a new stake in Capital Group Core Equity ETF in the 1st quarter worth approximately $207,000. Focus Partners Wealth raised its position in shares of Capital Group Core Equity ETF by 314.0% in the first quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock worth $317,000 after acquiring an additional 7,193 shares during the period. Geneos Wealth Management Inc. grew its holdings in Capital Group Core Equity ETF by 239.0% in the first quarter. Geneos Wealth Management Inc. now owns 7,367 shares of the company’s stock valued at $246,000 after purchasing an additional 5,194 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in Capital Group Core Equity ETF by 24.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,356 shares of the company’s stock worth $235,000 after acquiring an additional 1,231 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

Shares of CGUS traded down $0.12 on Tuesday, reaching $41.04. The company’s stock had a trading volume of 210,398 shares, compared to its average volume of 997,874. The stock’s 50 day simple moving average is $40.14 and its two-hundred day simple moving average is $39.22. The stock has a market capitalization of $8.56 billion, a P/E ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $41.21.

Capital Group Core Equity ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were paid a dividend of $0.1055 per share. The ex-dividend date of this dividend was Friday, December 26th. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. This represents a $0.42 dividend on an annualized basis and a yield of 1.0%.

About Capital Group Core Equity ETF

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.