Capital Group International Core Equity ETF (NYSEARCA:CGIC) Short Interest Down 13.4% in February

Capital Group International Core Equity ETF (NYSEARCA:CGIC) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 106,724 shares, a decrease of 13.4% from the February 12th total of 123,214 shares. Based on an average trading volume of 618,210 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 618,210 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CGIC. Commonwealth Equity Services LLC raised its holdings in Capital Group International Core Equity ETF by 39.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 465,829 shares of the company’s stock worth $14,352,000 after acquiring an additional 131,052 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Capital Group International Core Equity ETF by 83.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 191,291 shares of the company’s stock valued at $5,894,000 after acquiring an additional 87,168 shares in the last quarter. Baird Financial Group Inc. boosted its stake in Capital Group International Core Equity ETF by 22.7% during the 2nd quarter. Baird Financial Group Inc. now owns 113,381 shares of the company’s stock valued at $3,301,000 after purchasing an additional 20,958 shares during the last quarter. Merit Financial Group LLC bought a new stake in shares of Capital Group International Core Equity ETF in the 3rd quarter worth $33,358,000. Finally, D.A. Davidson & CO. increased its holdings in shares of Capital Group International Core Equity ETF by 63.6% in the 3rd quarter. D.A. Davidson & CO. now owns 168,014 shares of the company’s stock worth $5,177,000 after purchasing an additional 65,342 shares in the last quarter.

Capital Group International Core Equity ETF Price Performance

CGIC opened at $33.19 on Thursday. The stock has a 50-day moving average price of $34.60 and a 200-day moving average price of $32.50. The firm has a market cap of $1.16 billion, a PE ratio of 15.77 and a beta of 0.32. Capital Group International Core Equity ETF has a 1 year low of $23.12 and a 1 year high of $36.20.

Capital Group International Core Equity ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.1593 per share. The ex-dividend date was Friday, December 26th. This represents a $0.64 dividend on an annualized basis and a yield of 1.9%. This is an increase from Capital Group International Core Equity ETF’s previous quarterly dividend of $0.08.

About Capital Group International Core Equity ETF

The Capital Group International Core Equity ETF (CGIC) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns by globally investing in companies, excluding those from the United States. CGIC was launched on Jun 25, 2024 and is issued by Capital Group.