Capital Group Global Equity ETF (NYSEARCA:CGGE) Short Interest Down 98.9% in March

Capital Group Global Equity ETF (NYSEARCA:CGGE) was the target of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 4,604 shares, a drop of 98.9% from the February 26th total of 429,657 shares. Based on an average trading volume of 1,198,557 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,198,557 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Capital Group Global Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of CGGE. Financial Perspectives Inc purchased a new position in shares of Capital Group Global Equity ETF during the 3rd quarter valued at about $35,000. Ameritas Advisory Services LLC purchased a new stake in Capital Group Global Equity ETF in the 3rd quarter worth approximately $49,000. TD Waterhouse Canada Inc. bought a new stake in Capital Group Global Equity ETF during the 4th quarter worth approximately $58,000. CIBC Private Wealth Group LLC purchased a new position in Capital Group Global Equity ETF during the third quarter valued at approximately $73,000. Finally, Comerica Bank bought a new position in shares of Capital Group Global Equity ETF in the third quarter worth approximately $82,000.

Capital Group Global Equity ETF Stock Performance

Shares of CGGE stock traded down $0.16 during mid-day trading on Tuesday, reaching $30.53. 919,932 shares of the company’s stock traded hands, compared to its average volume of 916,901. Capital Group Global Equity ETF has a 12 month low of $22.76 and a 12 month high of $33.20. The firm has a 50 day moving average price of $32.19 and a two-hundred day moving average price of $31.58. The firm has a market capitalization of $1.85 billion, a PE ratio of 24.18 and a beta of 0.72.

Capital Group Global Equity ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were given a dividend of $0.1276 per share. The ex-dividend date was Friday, December 26th. This represents a yield of 40.0%.

Capital Group Global Equity ETF Company Profile

The Capital Group Global Equity ETF (CGGE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks total returns by actively managing a portfolio of companies from around the world. CGGE was launched on Jun 25, 2024 and is issued by Capital Group.