Short Interest in Capital Group Global Equity ETF (NYSEARCA:CGGE) Decreases By 30.2%

Capital Group Global Equity ETF (NYSEARCA:CGGE) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 58,000 shares, a decrease of 30.2% from the September 15th total of 83,100 shares. Based on an average trading volume of 429,400 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 429,400 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Capital Group Global Equity ETF

Several large investors have recently made changes to their positions in CGGE. CWM LLC purchased a new stake in shares of Capital Group Global Equity ETF during the 2nd quarter valued at about $29,000. Financial Perspectives Inc purchased a new position in Capital Group Global Equity ETF during the third quarter worth about $35,000. IFP Advisors Inc raised its stake in shares of Capital Group Global Equity ETF by 80.2% in the 2nd quarter. IFP Advisors Inc now owns 1,211 shares of the company’s stock valued at $35,000 after acquiring an additional 539 shares during the period. Whipplewood Advisors LLC acquired a new position in Capital Group Global Equity ETF during the 2nd quarter worth approximately $42,000. Finally, Capital A Wealth Management LLC acquired a new position in shares of Capital Group Global Equity ETF in the 1st quarter valued at $62,000.

Capital Group Global Equity ETF Stock Down 0.5%

NYSEARCA CGGE opened at $30.96 on Thursday. The company has a market cap of $1.11 billion and a price-to-earnings ratio of 24.18. The business’s fifty day moving average is $30.50 and its 200 day moving average is $28.73. Capital Group Global Equity ETF has a twelve month low of $22.76 and a twelve month high of $31.32.

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.