AB Core Plus Bond ETF (NASDAQ:CPLS) Sees Large Growth in Short Interest

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,900 shares, a growth of 58.3% from the December 15th total of 1,200 shares. Based on an average daily volume of 5,200 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of AB Core Plus Bond ETF

A hedge fund recently raised its stake in AB Core Plus Bond ETF stock. Wagner Wealth Management LLC increased its position in shares of AB Core Plus Bond ETF (NASDAQ:CPLS) by 30.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 381,574 shares of the company’s stock after buying an additional 89,808 shares during the quarter. AB Core Plus Bond ETF comprises 3.8% of Wagner Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. Wagner Wealth Management LLC owned about 25.44% of AB Core Plus Bond ETF worth $13,899,000 at the end of the most recent quarter.

AB Core Plus Bond ETF Trading Up 0.0 %

Shares of AB Core Plus Bond ETF stock traded up $0.01 during trading hours on Friday, hitting $34.86. The company had a trading volume of 112 shares, compared to its average volume of 7,228. The company’s 50-day moving average is $35.17 and its two-hundred day moving average is $35.62. AB Core Plus Bond ETF has a twelve month low of $34.37 and a twelve month high of $36.69.

AB Core Plus Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 30th were issued a dividend of $0.1943 per share. This is a positive change from AB Core Plus Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, December 30th.

AB Core Plus Bond ETF Company Profile

The AB Core Plus Bond ETF (CPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in USD-denominated corporate and government debt securities of any maturity and credit quality. CPLS was launched on Dec 13, 2023 and is issued by AB Funds.