Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) Short Interest Update

Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 154,043 shares, a drop of 41.4% from the June 30th total of 262,702 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 760,682 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Capital Group U.S. Small and Mid Cap ETF

Several institutional investors have recently added to or reduced their stakes in CGMM. Wealth Science Advisors LLC bought a new stake in shares of Capital Group U.S. Small and Mid Cap ETF in the 4th quarter valued at about $2,690,000. Ergawealth Advisors Inc. increased its stake in Capital Group U.S. Small and Mid Cap ETF by 125.1% in the 4th quarter. Ergawealth Advisors Inc. now owns 749,108 shares of the company’s stock worth $21,604,000 after purchasing an additional 416,344 shares during the period. Oppenheimer & Co. Inc. bought a new stake in Capital Group U.S. Small and Mid Cap ETF in the fourth quarter valued at approximately $778,000. Michael Brady & Co. LLC bought a new stake in Capital Group U.S. Small and Mid Cap ETF in the fourth quarter valued at approximately $870,000. Finally, Truist Financial Corp boosted its stake in shares of Capital Group U.S. Small and Mid Cap ETF by 19.1% during the fourth quarter. Truist Financial Corp now owns 112,207 shares of the company’s stock valued at $3,236,000 after purchasing an additional 17,991 shares during the period.

Capital Group U.S. Small and Mid Cap ETF Trading Up 1.2%

Shares of CGMM traded up $0.38 during mid-day trading on Thursday, reaching $32.15. The company’s stock had a trading volume of 713,654 shares, compared to its average volume of 1,060,662. Capital Group U.S. Small and Mid Cap ETF has a 52 week low of $26.68 and a 52 week high of $33.25. The stock has a market cap of $3.15 billion, a PE ratio of 21.71 and a beta of 0.81. The company’s fifty day moving average price is $32.08 and its two-hundred day moving average price is $31.15.

About Capital Group U.S. Small and Mid Cap ETF

The Capital Group U.S. Small and Mid Cap ETF (CGMM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing primarily in equity-type securities of small and mid-cap companies in the US. The fund aims for capital growth CGMM was launched on Jan 14, 2025 and is issued by Capital Group.