Short Interest in Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Decreases By 42.8%

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 45,598 shares, a drop of 42.8% from the March 31st total of 79,652 shares. Based on an average trading volume of 80,809 shares, the short-interest ratio is presently 0.6 days. Currently, 0.5% of the company’s shares are short sold.

Capital Group International Bond ETF (USD-Hedged) Price Performance

Shares of CGIB stock traded down $0.05 on Monday, reaching $25.30. 211,940 shares of the company’s stock were exchanged, compared to its average volume of 91,349. The company’s fifty day simple moving average is $25.36 and its 200 day simple moving average is $25.44. 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) Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were given a dividend of $0.025 per share. The ex-dividend date of this dividend was Monday, March 30th. This represents a c) dividend on an annualized basis and a yield of 1.2%.

Institutional Investors Weigh In On Capital Group International Bond ETF (USD-Hedged)

A number of institutional investors and hedge funds have recently bought and sold shares of CGIB. Comerica Bank bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the 4th quarter valued at $44,000. Geneos Wealth Management Inc. bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the 4th quarter valued at $61,000. Cullen Frost Bankers Inc. raised its position in Capital Group International Bond ETF (USD-Hedged) by 255.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 7,555 shares of the company’s stock valued at $192,000 after purchasing an additional 5,430 shares in the last quarter. Mariner LLC bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the 4th quarter valued at $200,000. Finally, Main Street Financial Solutions LLC bought a new stake in Capital Group International Bond ETF (USD-Hedged) during the 2nd quarter valued at $228,000.

About Capital Group International Bond ETF (USD-Hedged)

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.