Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Short Interest Up 680.9% in April

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,468 shares, a growth of 680.9% from the April 15th total of 188 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 926 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Trading of Thornburg Core Plus Bond ETF

A number of hedge funds have recently bought and sold shares of TPLS. Jane Street Group LLC bought a new stake in Thornburg Core Plus Bond ETF during the first quarter worth $253,000. PFG Private Wealth Management LLC bought a new stake in shares of Thornburg Core Plus Bond ETF in the third quarter valued at $307,000. Integrity Wealth Solutions LLC raised its stake in shares of Thornburg Core Plus Bond ETF by 30.6% in the first quarter. Integrity Wealth Solutions LLC now owns 15,903 shares of the company’s stock valued at $401,000 after buying an additional 3,726 shares during the period. Finally, Cornerstone Wealth Group LLC raised its stake in shares of Thornburg Core Plus Bond ETF by 23.9% in the third quarter. Cornerstone Wealth Group LLC now owns 131,366 shares of the company’s stock valued at $3,360,000 after buying an additional 25,337 shares during the period.

Thornburg Core Plus Bond ETF Stock Performance

Thornburg Core Plus Bond ETF stock traded up $0.02 during mid-day trading on Wednesday, reaching $25.11. 1,445 shares of the company’s stock were exchanged, compared to its average volume of 4,244. The business’s fifty day simple moving average is $25.34 and its 200 day simple moving average is $25.53. Thornburg Core Plus Bond ETF has a one year low of $24.75 and a one year high of $26.00.

Thornburg Core Plus Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 29th were issued a dividend of $0.1068 per share. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Wednesday, April 29th.

About Thornburg Core Plus Bond ETF

The Thornburg Core Plus Bond ETF (TPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns through investments in the broad US fixed-income market. Securities can be of any credit quality and maturity. TPLS was launched on Feb 5, 2025 and is issued by Thornburg.