Capital Group International Equity ETF (NYSEARCA:CGIE) Shares Shorted: Short Interest Up 516.5% in September

Capital Group International Equity ETF (NYSEARCA:CGIE) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 343,390 shares, a growth of 516.5% from the August 31st total of 55,696 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 389,626 shares, the short-interest ratio is currently 0.9 days.

Capital Group International Equity ETF Stock Performance

Shares of NYSEARCA:CGIE traded up $0.34 during mid-day trading on Friday, reaching $37.17. 289,929 shares of the company’s stock were exchanged, compared to its average volume of 508,942. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of 20.85 and a beta of 0.63. The business’s fifty day moving average price is $37.38 and its 200-day moving average price is $36.28. Capital Group International Equity ETF has a twelve month low of $32.52 and a twelve month high of $38.63.

Capital Group International Equity ETF Announces Dividend

The business also recently announced a semiannual dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were given a dividend of $0.3673 per share. This represents a yield of 200.0%. The ex-dividend date of this dividend was Tuesday, June 30th.

Institutional Investors Weigh In On Capital Group International Equity ETF

Institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its stake in shares of Capital Group International Equity ETF by 112.0% in the first quarter. Bank of New York Mellon Corp now owns 4,306,342 shares of the company’s stock valued at $145,640,000 after buying an additional 2,275,135 shares during the period. Bank of America Corp DE boosted its holdings in Capital Group International Equity ETF by 90.6% in the first quarter. Bank of America Corp DE now owns 1,709,080 shares of the company’s stock valued at $57,801,000 after acquiring an additional 812,205 shares during the last quarter. Royal Bank of Canada boosted its holdings in Capital Group International Equity ETF by 43.3% in the first quarter. Royal Bank of Canada now owns 2,025,906 shares of the company’s stock valued at $68,516,000 after acquiring an additional 611,671 shares during the last quarter. Cetera Investment Advisers increased its position in Capital Group International Equity ETF by 23.2% during the 1st quarter. Cetera Investment Advisers now owns 2,356,485 shares of the company’s stock valued at $79,696,000 after purchasing an additional 444,030 shares during the period. Finally, Venturi Wealth Management LLC increased its position in Capital Group International Equity ETF by 17.7% during the 1st quarter. Venturi Wealth Management LLC now owns 1,748,274 shares of the company’s stock valued at $59,127,000 after purchasing an additional 262,731 shares during the period.

Capital Group International Equity ETF Company Profile

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.