Capital Group Core Equity ETF (NYSEARCA:CGUS) Short Interest Down 70.3% in May

Capital Group Core Equity ETF (NYSEARCA:CGUS) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 137,957 shares, a drop of 70.3% from the May 14th total of 464,573 shares. Based on an average trading volume of 1,396,616 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Capital Group Core Equity ETF Trading Up 0.2%

Capital Group Core Equity ETF stock traded up $0.10 during mid-day trading on Thursday, hitting $42.76. The company had a trading volume of 457,333 shares, compared to its average volume of 1,165,839. The company has a market capitalization of $10.27 billion, a price-to-earnings ratio of 26.31 and a beta of 0.94. Capital Group Core Equity ETF has a 12-month low of $35.38 and a 12-month high of $44.60. The company’s fifty day moving average is $42.36 and its 200-day moving average is $41.00.

Hedge Funds Weigh In On Capital Group Core Equity ETF

Several large investors have recently made changes to their positions in the company. NewEdge Advisors LLC lifted its stake in shares of Capital Group Core Equity ETF by 10.3% in the 1st quarter. NewEdge Advisors LLC now owns 1,135,407 shares of the company’s stock valued at $43,622,000 after purchasing an additional 106,249 shares during the period. Cozad Asset Management Inc. lifted its stake in shares of Capital Group Core Equity ETF by 60.3% in the 1st quarter. Cozad Asset Management Inc. now owns 56,409 shares of the company’s stock valued at $2,167,000 after purchasing an additional 21,211 shares during the period. Security Financial Services INC. lifted its stake in shares of Capital Group Core Equity ETF by 21.1% in the 1st quarter. Security Financial Services INC. now owns 40,952 shares of the company’s stock valued at $1,573,000 after purchasing an additional 7,124 shares during the period. J. Derek Lewis & Associates Inc. lifted its stake in shares of Capital Group Core Equity ETF by 22.3% in the 1st quarter. J. Derek Lewis & Associates Inc. now owns 333,002 shares of the company’s stock valued at $12,801,000 after purchasing an additional 60,823 shares during the period. Finally, January Capital Advisors LLC acquired a new position in shares of Capital Group Core Equity ETF in the 1st quarter valued at $224,000.

Capital Group Core Equity ETF Company Profile

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.