AB Core Plus Bond ETF (NASDAQ:CPLS) Sees Significant Increase in Short Interest

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 291 shares, an increase of ∞ from the June 15th total of 0 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 9,782 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of AB Core Plus Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CPLS. Cresta Advisors Ltd. acquired a new position in AB Core Plus Bond ETF during the fourth quarter worth $153,000. Raymond James Financial Inc. raised its holdings in shares of AB Core Plus Bond ETF by 18.4% in the 3rd quarter. Raymond James Financial Inc. now owns 8,242 shares of the company’s stock valued at $296,000 after buying an additional 1,281 shares during the period. Goldman Sachs Group Inc. purchased a new stake in shares of AB Core Plus Bond ETF in the 1st quarter valued at $1,073,000. Osaic Holdings Inc. lifted its stake in AB Core Plus Bond ETF by 92.8% during the 4th quarter. Osaic Holdings Inc. now owns 32,815 shares of the company’s stock worth $1,166,000 after acquiring an additional 15,794 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in AB Core Plus Bond ETF during the 1st quarter worth about $1,445,000.

AB Core Plus Bond ETF Trading Up 0.3%

Shares of CPLS opened at $34.87 on Thursday. AB Core Plus Bond ETF has a 1-year low of $34.67 and a 1-year high of $36.29. The firm has a 50-day simple moving average of $35.04 and a two-hundred day simple moving average of $35.35.

AB Core Plus Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.1283 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

About AB Core Plus Bond ETF

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.