Short Interest in AB Core Plus Bond ETF (NASDAQ:CPLS) Expands By 500.0%

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 1,200 shares, an increase of 500.0% from the November 30th total of 200 shares. Based on an average trading volume of 4,400 shares, the short-interest ratio is currently 0.3 days.

AB Core Plus Bond ETF Price Performance

Shares of CPLS stock traded up $0.07 during trading hours on Thursday, reaching $35.04. 634 shares of the company were exchanged, compared to its average volume of 8,408. The stock’s fifty day moving average is $35.39 and its two-hundred day moving average is $35.67. 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 company also recently declared a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.1304 per share. The ex-dividend date of this dividend was Monday, December 2nd.

Institutional Inflows and Outflows

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

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.