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

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 105,070 shares, a growth of 103.3% from the May 31st total of 51,674 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average trading volume of 70,719 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Trading of Capital Group International Bond ETF (USD-Hedged)

Several hedge funds have recently added to or reduced their stakes in CGIB. Security Financial Services INC. increased its position in Capital Group International Bond ETF (USD-Hedged) by 23.7% in the 1st quarter. Security Financial Services INC. now owns 16,664 shares of the company’s stock worth $421,000 after buying an additional 3,193 shares during the period. J. Derek Lewis & Associates Inc. bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the first quarter valued at approximately $209,000. Royal Bank of Canada boosted its position in shares of Capital Group International Bond ETF (USD-Hedged) by 8.2% in the first quarter. Royal Bank of Canada now owns 108,697 shares of the company’s stock valued at $2,743,000 after acquiring an additional 8,275 shares during the period. Sei Investments Co. grew its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 29.8% in the first 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 grew its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 80.0% in the first 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 Performance

CGIB stock opened at $25.48 on Thursday. The company has a 50-day moving average of $25.36 and a two-hundred day moving average of $25.39. Capital Group International Bond ETF has a 52-week low of $24.96 and a 52-week high of $27.23.

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

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were given a dividend of $0.025 per share. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, June 29th.

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.