Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Short Interest Update

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 79,652 shares, a decline of 34.0% from the March 15th total of 120,734 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average daily volume of 97,409 shares, the short-interest ratio is presently 0.8 days.

Capital Group International Bond ETF (USD-Hedged) Price Performance

Shares of NYSEARCA:CGIB traded up $0.08 during mid-day trading on Tuesday, reaching $25.33. 55,859 shares of the company’s stock were exchanged, compared to its average volume of 89,618. The business’s fifty day moving average price is $25.40 and its 200-day moving average price is $25.44. Capital Group International Bond ETF has a twelve month low of $24.96 and a twelve month high of $27.23.

Capital Group International Bond ETF (USD-Hedged) Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were issued a $0.025 dividend. The ex-dividend date was Monday, March 30th. This represents a c) annualized dividend and a yield of 1.2%.

Hedge Funds Weigh In On Capital Group International Bond ETF (USD-Hedged)

Institutional investors have recently made changes to their positions in the stock. Composition Wealth LLC bought a new stake in Capital Group International Bond ETF (USD-Hedged) in the 4th quarter worth about $35,454,000. Wells Fargo & Company MN lifted its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 429.5% during the 4th quarter. Wells Fargo & Company MN now owns 975,099 shares of the company’s stock valued at $24,729,000 after buying an additional 790,948 shares in the last quarter. Orion Porfolio Solutions LLC purchased a new stake in Capital Group International Bond ETF (USD-Hedged) in the 3rd quarter worth approximately $13,477,000. HighTower Advisors LLC purchased a new stake in Capital Group International Bond ETF (USD-Hedged) in the 4th quarter worth approximately $9,376,000. Finally, Merit Financial Group LLC lifted its stake in Capital Group International Bond ETF (USD-Hedged) by 6.3% in the 4th quarter. Merit Financial Group LLC now owns 348,189 shares of the company’s stock worth $8,830,000 after purchasing an additional 20,627 shares in the last quarter.

About Capital Group International Bond ETF (USD-Hedged)

The Capital Group International Bond ETF (USD-Hedged) (CGIB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high-level of current income and capital preservation by actively investing in global debt securities with broad credit ratings and maturities. CGIB was launched on Jun 25, 2024 and is issued by Capital Group.