Capital Group Global Equity ETF (NYSEARCA:CGGE) Stock Short Interest Report for September

Capital Group Global Equity ETF (NYSEARCA:CGGE) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 292,229 shares, a decrease of 38.6% from the September 15th total of 476,123 shares. Based on an average trading volume of 445,947 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the company’s stock are sold short.

Capital Group Global Equity ETF Stock Performance

Capital Group Global Equity ETF stock traded down $0.31 during midday trading on Friday, hitting $34.33. 393,113 shares of the company’s stock were exchanged, compared to its average volume of 661,539. The company has a market cap of $3.22 billion, a PE ratio of 24.18 and a beta of 0.81. The firm has a 50-day moving average of $35.12 and a two-hundred day moving average of $34.27. Capital Group Global Equity ETF has a 12 month low of $29.39 and a 12 month high of $36.08.

Institutional Investors Weigh In On Capital Group Global Equity ETF

Several hedge funds have recently modified their holdings of CGGE. Hopwood Nicholas Hunter purchased a new position in Capital Group Global Equity ETF during the second quarter valued at approximately $4,683,000. Capital Analysts LLC raised its stake in Capital Group Global Equity ETF by 86.6% in the second quarter. Capital Analysts LLC now owns 89,985 shares of the company’s stock worth $3,171,000 after buying an additional 41,758 shares in the last quarter. World Investment Advisors bought a new position in Capital Group Global Equity ETF in the first quarter worth approximately $1,588,000. Ameritas Advisory Services LLC raised its stake in Capital Group Global Equity ETF by 225.0% in the second quarter. Ameritas Advisory Services LLC now owns 21,665 shares of the company’s stock worth $763,000 after buying an additional 14,998 shares in the last quarter. Finally, Private Advisor Group LLC lifted its holdings in Capital Group Global Equity ETF by 38.1% during the first quarter. Private Advisor Group LLC now owns 179,592 shares of the company’s stock worth $5,478,000 after buying an additional 49,514 shares during the period.

Capital Group Global Equity ETF Company Profile

The Capital Group Global Equity ETF (CGGE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks total returns by actively managing a portfolio of companies from around the world. CGGE was launched on Jun 25, 2024 and is issued by Capital Group.