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

AB Core Plus Bond ETF (NASDAQ:CPLS) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,900 shares, an increase of 58.3% from the December 15th total of 1,200 shares. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AB Core Plus Bond ETF stock. Jane Street Group LLC purchased a new position in shares of AB Core Plus Bond ETF (NASDAQ:CPLS) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 28,266 shares of the company’s stock, valued at approximately $1,030,000. Jane Street Group LLC owned about 1.88% of AB Core Plus Bond ETF at the end of the most recent reporting period.

AB Core Plus Bond ETF Stock Up 0.0 %

Shares of AB Core Plus Bond ETF stock traded up $0.01 on Friday, reaching $34.86. 112 shares of the company traded hands, compared to its average volume of 7,228. The company has a 50 day moving average of $35.17 and a 200 day moving average of $35.62. AB Core Plus Bond ETF has a 52 week low of $34.37 and a 52 week high of $36.69.

AB Core Plus Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 30th were paid a $0.1943 dividend. The ex-dividend date of this dividend was Monday, December 30th. This is an increase from AB Core Plus Bond ETF’s previous dividend of $0.13.

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.