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

Capital Group Ultra Short Income ETF (NYSEARCA:CGUI) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 117,499 shares, an increase of 83.9% from the May 31st total of 63,898 shares. Based on an average daily trading volume, of 110,556 shares, the short-interest ratio is presently 1.1 days. Approximately 1.2% of the shares of the stock are short sold.

Capital Group Ultra Short Income ETF Stock Up 0.0%

NYSEARCA CGUI opened at $25.29 on Thursday. The company has a fifty day moving average of $25.33 and a 200-day moving average of $25.34. Capital Group Ultra Short Income ETF has a 52-week low of $25.20 and a 52-week high of $25.41.

Institutional Trading of Capital Group Ultra Short Income ETF

Several institutional investors have recently added to or reduced their stakes in CGUI. Captrust Financial Advisors increased its holdings in shares of Capital Group Ultra Short Income ETF by 0.8% in the second quarter. Captrust Financial Advisors now owns 66,856 shares of the company’s stock worth $1,687,000 after buying an additional 561 shares during the period. Entruity Wealth LLC boosted its holdings in Capital Group Ultra Short Income ETF by 1.0% during the 4th quarter. Entruity Wealth LLC now owns 58,788 shares of the company’s stock valued at $1,488,000 after acquiring an additional 583 shares during the period. EverSource Wealth Advisors LLC purchased a new stake in Capital Group Ultra Short Income ETF during the 3rd quarter valued at about $30,000. Western Wealth Management LLC purchased a new stake in Capital Group Ultra Short Income ETF during the 1st quarter valued at about $45,000. Finally, Kestra Advisory Services LLC grew its position in Capital Group Ultra Short Income ETF by 18.4% during the 1st quarter. Kestra Advisory Services LLC now owns 13,963 shares of the company’s stock worth $353,000 after acquiring an additional 2,171 shares during the last quarter.

About Capital Group Ultra Short Income ETF

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.