NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) Short Interest Down 92.2% in February

NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 1,223 shares, a drop of 92.2% from the January 29th total of 15,759 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 14,338 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 14,338 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

NYLI MacKay Core Plus Bond ETF Price Performance

Shares of NYSEARCA CPLB traded down $0.02 during midday trading on Wednesday, reaching $21.48. 5,812 shares of the company traded hands, compared to its average volume of 25,292. The stock has a 50-day moving average price of $21.30 and a 200 day moving average price of $21.32. NYLI MacKay Core Plus Bond ETF has a 52 week low of $20.48 and a 52 week high of $21.65.

Institutional Trading of NYLI MacKay Core Plus Bond ETF

A number of institutional investors have recently made changes to their positions in the stock. Steward Partners Investment Advisory LLC bought a new position in shares of NYLI MacKay Core Plus Bond ETF in the second quarter valued at approximately $57,000. JPMorgan Chase & Co. acquired a new stake in NYLI MacKay Core Plus Bond ETF in the third quarter worth approximately $74,000. World Investment Advisors bought a new position in NYLI MacKay Core Plus Bond ETF during the 3rd quarter valued at $359,000. Jane Street Group LLC acquired a new position in shares of NYLI MacKay Core Plus Bond ETF during the 2nd quarter valued at $411,000. Finally, Keudell Morrison Wealth Management acquired a new position in shares of NYLI MacKay Core Plus Bond ETF during the 4th quarter valued at $533,000.

NYLI MacKay Core Plus Bond ETF Company Profile

The NYLI MacKay Core Plus Bond ETF (CPLB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a wide range of corporate, government, mortgage-related and asset-backed securities, while aiming to maintain a portfolio modified duration to worst within 2.5 years of its benchmark. Up to 30% may be invested in high yield bonds, and up to 20% in foreign issuers. CPLB was launched on Jun 17, 2021 and is issued by New York Life Investments.