Short Interest in NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) Expands By 121.4%

NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 6,200 shares, an increase of 121.4% from the September 30th total of 2,800 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Steward Partners Investment Advisory LLC purchased a new position in NYLI MacKay Core Plus Bond ETF in the 2nd quarter worth approximately $57,000. World Investment Advisors purchased a new stake in shares of NYLI MacKay Core Plus Bond ETF in the 3rd quarter valued at $359,000. Jane Street Group LLC purchased a new stake in shares of NYLI MacKay Core Plus Bond ETF in the 2nd quarter valued at $411,000. Prosperity Financial Group Inc. purchased a new stake in NYLI MacKay Core Plus Bond ETF during the 2nd quarter valued at $625,000. Finally, Envestnet Asset Management Inc. purchased a new stake in NYLI MacKay Core Plus Bond ETF during the 2nd quarter valued at $5,914,000.

NYLI MacKay Core Plus Bond ETF Stock Down 0.1%

NYLI MacKay Core Plus Bond ETF stock opened at $21.37 on Friday. NYLI MacKay Core Plus Bond ETF has a fifty-two week low of $20.48 and a fifty-two week high of $21.65. The firm’s fifty day moving average price is $21.39 and its 200-day moving average price is $21.15.

About NYLI MacKay Core Plus Bond ETF

The NYLI MacKay Core Plus Bond ETF (CPLB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a wide range of corporate, government, mortgage-related and asset-backed securities, while aiming to maintain a portfolio modified duration to worst within 2.5 years of its benchmark.