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

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

Institutional Investors Weigh In On AB Core Plus Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Citadel Advisors LLC lifted its position in AB Core Plus Bond ETF by 85.4% in the 4th quarter. Citadel Advisors LLC now owns 61,865 shares of the company’s stock valued at $2,155,000 after acquiring an additional 28,490 shares in the last quarter. NewEdge Advisors LLC purchased a new position in shares of AB Core Plus Bond ETF in the fourth quarter worth $3,600,000. Alliancebernstein L.P. lifted its holdings in shares of AB Core Plus Bond ETF by 3.8% during the fourth quarter. Alliancebernstein L.P. now owns 1,071,124 shares of the company’s stock valued at $37,307,000 after purchasing an additional 39,153 shares in the last quarter. Wagner Wealth Management LLC boosted its position 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 buying an additional 1,580 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of AB Core Plus Bond ETF during the third quarter valued at $1,030,000.

AB Core Plus Bond ETF Trading Up 0.4 %

Shares of AB Core Plus Bond ETF stock opened at $35.55 on Friday. AB Core Plus Bond ETF has a 1 year low of $34.37 and a 1 year high of $36.69. The firm’s 50-day moving average is $34.94 and its 200 day moving average is $35.52.

AB Core Plus Bond ETF Cuts Dividend

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

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.