Capital Group International Equity ETF (NYSEARCA:CGIE) Short Interest Update

Capital Group International Equity ETF (NYSEARCA:CGIE) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 40,898 shares, a decrease of 62.6% from the May 31st total of 109,347 shares. Based on an average daily volume of 471,998 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Capital Group International Equity ETF Stock Performance

Shares of Capital Group International Equity ETF stock traded up $0.45 on Monday, hitting $36.82. 576,402 shares of the company’s stock were exchanged, compared to its average volume of 569,475. The stock has a market capitalization of $2.13 billion, a PE ratio of 20.85 and a beta of 0.65. The company has a 50-day simple moving average of $36.15 and a 200-day simple moving average of $35.63. Capital Group International Equity ETF has a 1 year low of $31.60 and a 1 year high of $37.36.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. SHP Wealth Management bought a new position in Capital Group International Equity ETF in the 4th quarter worth approximately $30,000. EverSource Wealth Advisors LLC purchased a new position in Capital Group International Equity ETF in the first quarter worth about $30,000. Allworth Financial LP bought a new position in shares of Capital Group International Equity ETF during the 3rd quarter valued at approximately $35,000. Harbor Investment Advisory LLC bought a new position in Capital Group International Equity ETF during the fourth quarter valued at $42,000. Finally, Sunbelt Securities Inc. bought a new position in Capital Group International Equity ETF during the 3rd quarter valued at about $61,000.

About Capital Group International Equity ETF

The Capital Group International Equity ETF (CGIE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of non-US companies. The objective centers on identifying companies believed to have the potential for growth. CGIE was launched on Sep 26, 2023 and is issued by Capital Group.