AB Core Plus Bond ETF (NASDAQ:CPLS) Short Interest Down 85.5% in August

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 506 shares, a decrease of 85.5% from the July 30th total of 3,492 shares. Based on an average trading volume of 7,009 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On AB Core Plus Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Cresta Advisors Ltd. bought a new position in AB Core Plus Bond ETF in the 4th quarter valued at about $153,000. Raymond James Financial Inc. raised its holdings in shares of AB Core Plus Bond ETF by 18.4% in the third quarter. Raymond James Financial Inc. now owns 8,242 shares of the company’s stock valued at $296,000 after purchasing an additional 1,281 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of AB Core Plus Bond ETF during the first quarter valued at about $1,073,000. Osaic Holdings Inc. lifted its position in shares of AB Core Plus Bond ETF by 92.8% during the fourth quarter. Osaic Holdings Inc. now owns 32,815 shares of the company’s stock valued at $1,166,000 after purchasing an additional 15,794 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in AB Core Plus Bond ETF during the first quarter worth about $1,445,000.

AB Core Plus Bond ETF Stock Performance

Shares of NASDAQ CPLS remained flat at $34.68 during midday trading on Thursday. 5,693 shares of the company’s stock were exchanged, compared to its average volume of 18,969. AB Core Plus Bond ETF has a 12-month low of $34.46 and a 12-month high of $36.29. The company’s 50 day moving average price is $34.77 and its 200-day moving average price is $35.14.

AB Core Plus Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.1308 dividend. This is a boost from AB Core Plus Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.