Capital Group Core Equity ETF (NYSEARCA:CGUS) Short Interest Update

Capital Group Core Equity ETF (NYSEARCA:CGUS) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 616,384 shares, a growth of 90.2% from the June 30th total of 324,047 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 959,469 shares, the short-interest ratio is currently 0.6 days.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA CGUS traded up $0.57 during midday trading on Friday, reaching $44.69. 1,188,379 shares of the company’s stock were exchanged, compared to its average volume of 1,148,142. Capital Group Core Equity ETF has a 52-week low of $37.19 and a 52-week high of $44.84. The business’s fifty day moving average price is $44.03 and its two-hundred day moving average price is $41.97. The stock has a market capitalization of $11.42 billion, a PE ratio of 26.31 and a beta of 0.93.

Hedge Funds Weigh In On Capital Group Core Equity ETF

Institutional investors have recently made changes to their positions in the business. Pflug Koory LLC acquired a new stake in shares of Capital Group Core Equity ETF during the fourth quarter worth approximately $25,000. First Horizon Corp acquired a new position in Capital Group Core Equity ETF during the 4th quarter worth $32,000. CoreCap Advisors LLC increased its position in shares of Capital Group Core Equity ETF by 41.0% in the 4th quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock worth $44,000 after purchasing an additional 320 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Capital Group Core Equity ETF by 460.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,368 shares of the company’s stock valued at $55,000 after purchasing an additional 1,124 shares in the last quarter. Finally, Bayban acquired a new stake in shares of Capital Group Core Equity ETF in the 1st quarter valued at about $61,000.

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.