Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) Short Interest Down 35.8% in March

Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 72,267 shares, a decrease of 35.8% from the March 15th total of 112,486 shares. Based on an average daily trading volume, of 1,746,961 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of Capital Group U.S. Small and Mid Cap ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Coign Capital Advisors LLC bought a new position in Capital Group U.S. Small and Mid Cap ETF in the 3rd quarter worth approximately $6,597,000. Dynamic Advisor Solutions LLC bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the fourth quarter worth $1,293,000. Stratos Wealth Partners LTD. bought a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the third quarter worth $511,000. Cullen Frost Bankers Inc. increased its holdings in shares of Capital Group U.S. Small and Mid Cap ETF by 99.5% during the third quarter. Cullen Frost Bankers Inc. now owns 75,180 shares of the company’s stock valued at $2,134,000 after purchasing an additional 37,495 shares during the period. Finally, Ergawealth Advisors Inc. raised its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 244.0% during the third quarter. Ergawealth Advisors Inc. now owns 332,764 shares of the company’s stock valued at $9,447,000 after purchasing an additional 236,032 shares in the last quarter.

Capital Group U.S. Small and Mid Cap ETF Stock Down 0.2%

Shares of CGMM traded down $0.06 during mid-day trading on Thursday, hitting $31.21. The stock had a trading volume of 173,811 shares, compared to its average volume of 1,118,119. Capital Group U.S. Small and Mid Cap ETF has a fifty-two week low of $21.68 and a fifty-two week high of $31.65. The company has a market cap of $2.16 billion, a PE ratio of 21.71 and a beta of 1.06. The company’s fifty day simple moving average is $30.34 and its two-hundred day simple moving average is $29.44.

About Capital Group U.S. Small and Mid Cap ETF

The Capital Group U.S. Small and Mid Cap ETF (CGMM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing primarily in equity-type securities of small and mid-cap companies in the US. The fund aims for capital growth CGMM was launched on Jan 14, 2025 and is issued by Capital Group.