Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) Sees Significant Decline in Short Interest

Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) was the target of a significant drop in short interest in the month of August. As of August 15th, there was short interest totaling 7,500 shares, adropof67.0% from the July 31st total of 22,700 shares. Based on an average daily trading volume, of 19,800 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 19,800 shares, the days-to-cover ratio is currently 0.4 days.

Capital Group International Bond ETF (USD-Hedged) Stock Down 0.2%

NYSEARCA:CGIB opened at $25.13 on Wednesday. The firm’s 50-day moving average price is $25.20 and its 200-day moving average price is $25.44. Capital Group International Bond ETF has a 1-year low of $24.63 and a 1-year high of $27.23.

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

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 29th were issued a $0.0253 dividend. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Friday, August 29th.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Cullen Frost Bankers Inc. bought a new stake in shares of Capital Group International Bond ETF (USD-Hedged) in the 2nd quarter worth approximately $54,000. Harbour Investments Inc. purchased a new position in Capital Group International Bond ETF (USD-Hedged) during the first quarter valued at $83,000. Assetmark Inc. bought a new stake in Capital Group International Bond ETF (USD-Hedged) in the second quarter worth $141,000. Brookstone Capital Management boosted its holdings in Capital Group International Bond ETF (USD-Hedged) by 54.9% in the second quarter. Brookstone Capital Management now owns 15,756 shares of the company’s stock worth $398,000 after acquiring an additional 5,586 shares in the last quarter. Finally, ORG Partners LLC grew its stake in shares of Capital Group International Bond ETF (USD-Hedged) by 1,767.6% in the second quarter. ORG Partners LLC now owns 7,321 shares of the company’s stock worth $185,000 after acquiring an additional 6,929 shares during 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.