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

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 51,674 shares, a decrease of 70.9% from the May 14th total of 177,372 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 119,919 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Security Financial Services INC. boosted its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 23.7% during the 1st quarter. Security Financial Services INC. now owns 16,664 shares of the company’s stock worth $421,000 after acquiring an additional 3,193 shares during the last quarter. J. Derek Lewis & Associates Inc. purchased a new position in shares of Capital Group International Bond ETF (USD-Hedged) during the 1st quarter worth $209,000. Royal Bank of Canada boosted its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 8.2% during the 1st quarter. Royal Bank of Canada now owns 108,697 shares of the company’s stock worth $2,743,000 after acquiring an additional 8,275 shares during the last quarter. Sei Investments Co. boosted its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 29.8% during the 1st quarter. Sei Investments Co. now owns 89,348 shares of the company’s stock worth $2,255,000 after acquiring an additional 20,501 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 80.0% during the 1st quarter. Cetera Investment Advisers now owns 86,450 shares of the company’s stock worth $2,182,000 after acquiring an additional 38,429 shares during the last quarter.

Capital Group International Bond ETF (USD-Hedged) Stock Up 0.0%

Capital Group International Bond ETF (USD-Hedged) stock traded up $0.01 during mid-day trading on Friday, reaching $25.44. 47,650 shares of the stock traded hands, compared to its average volume of 93,710. Capital Group International Bond ETF has a 12-month low of $24.96 and a 12-month high of $27.23. The business’s 50-day moving average is $25.29 and its 200-day moving average is $25.39.

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

The company also recently disclosed a monthly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 29th were given a dividend of $0.0253 per share. This represents a c) dividend on an annualized basis and a yield of 1.2%. This is a boost from Capital Group International Bond ETF (USD-Hedged)’s previous monthly dividend of $0.03. The ex-dividend date was Friday, May 29th.

Capital Group International Bond ETF (USD-Hedged) Company Profile

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.