Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) Short Interest Update

Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 59,560 shares, an increase of 155.1% from the March 31st total of 23,344 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 154,505 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Capital Group Ultra Short Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC acquired a new stake in Capital Group Ultra Short Income ETF during the third quarter worth about $30,000. Farther Finance Advisors LLC acquired a new stake in Capital Group Ultra Short Income ETF during the fourth quarter worth about $63,000. Jones Financial Companies Lllp acquired a new stake in Capital Group Ultra Short Income ETF during the third quarter worth about $100,000. JPMorgan Chase & Co. acquired a new stake in Capital Group Ultra Short Income ETF during the second quarter worth about $136,000. Finally, Spire Wealth Management acquired a new stake in Capital Group Ultra Short Income ETF during the fourth quarter worth about $200,000.

Capital Group Ultra Short Income ETF Price Performance

Capital Group Ultra Short Income ETF stock opened at $25.38 on Tuesday. Capital Group Ultra Short Income ETF has a 52 week low of $25.18 and a 52 week high of $25.41. The business’s 50-day moving average price is $25.34 and its 200 day moving average price is $25.34.

Capital Group Ultra Short Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were issued a dividend of $0.0799 per share. This represents a c) annualized dividend and a yield of 3.8%. This is a positive change from Capital Group Ultra Short Income ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Friday, February 27th.

Capital Group Ultra Short Income ETF Company Profile

The Capital Group Ultra Short Income ETF (CGUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of USD-denominated, income-producing debt securities with investment grade ratings and ultra-short term duration. It seeks current income and capital preservation while aiming to maintain a dollar-weighted average maturity of two years or less. CGUI was launched on Jun 25, 2024 and is issued by Capital Group.