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

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 1,800 shares, a growth of 260.0% from the January 31st total of 500 shares. Based on an average daily trading volume, of 22,300 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of AB Core Plus Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in shares of AB Core Plus Bond ETF in the third quarter worth approximately $1,030,000. Citadel Advisors LLC increased its stake in AB Core Plus Bond ETF by 85.4% in the fourth quarter. Citadel Advisors LLC now owns 61,865 shares of the company’s stock worth $2,155,000 after purchasing an additional 28,490 shares during the period. NewEdge Advisors LLC bought a new stake in shares of AB Core Plus Bond ETF during the fourth quarter worth $3,600,000. Wagner Wealth Management LLC boosted its stake in shares of AB Core Plus Bond ETF by 0.4% during the fourth quarter. Wagner Wealth Management LLC now owns 383,154 shares of the company’s stock valued at $13,345,000 after purchasing an additional 1,580 shares during the period. Finally, Alliancebernstein L.P. grew its holdings in shares of AB Core Plus Bond ETF by 3.8% in the fourth quarter. Alliancebernstein L.P. now owns 1,071,124 shares of the company’s stock worth $37,307,000 after purchasing an additional 39,153 shares during the last quarter.

AB Core Plus Bond ETF Trading Up 0.2 %

CPLS stock traded up $0.08 during mid-day trading on Friday, reaching $35.48. 4,205 shares of the stock traded hands, compared to its average volume of 32,648. AB Core Plus Bond ETF has a one year low of $34.37 and a one year high of $36.69. The business has a 50-day moving average price of $34.93 and a two-hundred day moving average price of $35.53.

AB Core Plus Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.1598 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.