Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) Short Interest Up 131.0% in February

Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 244,242 shares, an increase of 131.0% from the February 12th total of 105,754 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 931,583 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 931,583 shares, the short-interest ratio is currently 0.3 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On Capital Group U.S. Small and Mid Cap ETF

A number of institutional investors and hedge funds have recently modified their holdings of CGMM. Private Trust Co. NA acquired a new position in Capital Group U.S. Small and Mid Cap ETF during the third quarter worth $28,000. Comerica Bank acquired a new stake in Capital Group U.S. Small and Mid Cap ETF in the third quarter valued at $29,000. Raymond James Financial Inc. acquired a new stake in Capital Group U.S. Small and Mid Cap ETF in the second quarter valued at $30,000. Westside Investment Management Inc. purchased a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the third quarter valued at $33,000. Finally, EverSource Wealth Advisors LLC purchased a new position in shares of Capital Group U.S. Small and Mid Cap ETF in the third quarter valued at $36,000.

Capital Group U.S. Small and Mid Cap ETF Trading Down 0.2%

Shares of CGMM opened at $29.17 on Friday. Capital Group U.S. Small and Mid Cap ETF has a twelve month low of $20.57 and a twelve month high of $31.65. The firm has a market capitalization of $1.37 billion, a P/E ratio of 21.71 and a beta of 1.27. The firm’s 50-day moving average is $30.62 and its two-hundred day moving average is $29.21.

Capital Group U.S. Small and Mid Cap ETF Company Profile

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.