AB Core Plus Bond ETF (NASDAQ:CPLS) Short Interest Up 104.2% in February

AB Core Plus Bond ETF (NASDAQ:CPLS) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 12,196 shares, a growth of 104.2% from the January 29th total of 5,972 shares. Based on an average daily trading volume, of 53,764 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 53,764 shares, the days-to-cover ratio is presently 0.2 days.

AB Core Plus Bond ETF Stock Down 0.0%

AB Core Plus Bond ETF stock traded down $0.01 during mid-day trading on Friday, hitting $35.96. The company’s stock had a trading volume of 183,445 shares, compared to its average volume of 35,083. AB Core Plus Bond ETF has a 52-week low of $34.22 and a 52-week high of $36.29. The firm’s 50 day moving average is $35.70 and its 200 day moving average is $35.77.

AB Core Plus Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.1291 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CPLS. Global Retirement Partners LLC boosted its stake in shares of AB Core Plus Bond ETF by 274.3% during the 3rd quarter. Global Retirement Partners LLC now owns 992 shares of the company’s stock valued at $36,000 after buying an additional 727 shares during the period. Cresta Advisors Ltd. acquired a new position in shares of AB Core Plus Bond ETF in the fourth quarter worth $153,000. Raymond James Financial Inc. raised its holdings in shares of AB Core Plus Bond ETF by 18.4% during the third quarter. Raymond James Financial Inc. now owns 8,242 shares of the company’s stock worth $296,000 after acquiring an additional 1,281 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in AB Core Plus Bond ETF during the first quarter valued at $1,073,000. Finally, Osaic Holdings Inc. grew its stake in AB Core Plus Bond ETF by 92.8% in the fourth quarter. Osaic Holdings Inc. now owns 32,815 shares of the company’s stock valued at $1,166,000 after purchasing an additional 15,794 shares in the last quarter.

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.