AB Core Plus Bond ETF (NASDAQ:CPLS) Short Interest Up 260.0% in February

AB Core Plus Bond ETF (NASDAQ:CPLS) was the target of a significant increase in short interest in 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 short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Alliancebernstein L.P. grew its holdings in 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 worth $37,307,000 after acquiring an additional 39,153 shares during the period. Wagner Wealth Management LLC grew its holdings in 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 worth $13,345,000 after acquiring an additional 1,580 shares during the period. NewEdge Advisors LLC acquired a new position in AB Core Plus Bond ETF during the fourth quarter worth $3,600,000. Citadel Advisors LLC grew its holdings in AB Core Plus Bond ETF by 85.4% during the fourth quarter. Citadel Advisors LLC now owns 61,865 shares of the company’s stock worth $2,155,000 after acquiring an additional 28,490 shares during the period. Finally, Jane Street Group LLC acquired a new position in AB Core Plus Bond ETF during the third quarter worth $1,030,000.

AB Core Plus Bond ETF Trading Up 0.4 %

Shares of NASDAQ:CPLS traded up $0.15 during trading on Friday, reaching $35.55. The company had a trading volume of 6,609 shares, compared to its average volume of 10,234. The stock’s fifty day moving average price is $34.94 and its 200 day moving average price is $35.52. AB Core Plus Bond ETF has a fifty-two week low of $34.37 and a fifty-two week high of $36.69.

AB Core Plus Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.1598 per share. 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.