Capital Group International Core Equity ETF (NYSEARCA:CGIC) Short Interest Down 77.9% in June

Capital Group International Core Equity ETF (NYSEARCA:CGIC) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 339,563 shares, a decrease of 77.9% from the May 31st total of 1,534,706 shares. Based on an average daily volume of 664,445 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.7% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. BIP Wealth LLC acquired a new position in Capital Group International Core Equity ETF in the fourth quarter valued at $9,777,000. DAVENPORT & Co LLC purchased a new stake in Capital Group International Core Equity ETF in the 4th quarter valued at about $838,000. Capital Investment Advisors LLC increased its stake in shares of Capital Group International Core Equity ETF by 87.5% during the 4th quarter. Capital Investment Advisors LLC now owns 66,619 shares of the company’s stock valued at $2,165,000 after acquiring an additional 31,084 shares during the last quarter. Prosperity Financial Group Inc. acquired a new position in shares of Capital Group International Core Equity ETF during the 4th quarter valued at about $1,673,000. Finally, KWB Wealth purchased a new position in shares of Capital Group International Core Equity ETF during the 4th quarter worth about $709,000.

Capital Group International Core Equity ETF Price Performance

CGIC stock opened at $36.09 on Friday. The firm has a market capitalization of $1.72 billion, a P/E ratio of 15.77 and a beta of 0.52. The business’s 50-day moving average is $36.00 and its two-hundred day moving average is $34.61. Capital Group International Core Equity ETF has a 1 year low of $28.53 and a 1 year high of $37.30.

Capital Group International Core Equity ETF Company Profile

The Capital Group International Core Equity ETF (CGIC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns by globally investing in companies, excluding those from the United States. CGIC was launched on Jun 25, 2024 and is issued by Capital Group.