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

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a significant increase in short interest in 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 Trading of AB Core Plus Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC acquired a new position in AB Core Plus Bond ETF in the third quarter valued at $1,030,000. Wagner Wealth Management LLC increased its stake in AB Core Plus Bond ETF by 0.4% in the fourth quarter. Wagner Wealth Management LLC now owns 383,154 shares of the company’s stock valued at $13,345,000 after purchasing an additional 1,580 shares during the last quarter. Citadel Advisors LLC increased its stake in AB Core Plus Bond ETF by 85.4% in the fourth quarter. Citadel Advisors LLC now owns 61,865 shares of the company’s stock valued at $2,155,000 after purchasing an additional 28,490 shares during the last quarter. NewEdge Advisors LLC acquired a new position in AB Core Plus Bond ETF in the fourth quarter valued at $3,600,000. Finally, Alliancebernstein L.P. increased its stake in AB Core Plus Bond ETF by 3.8% in 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 during the last quarter.

AB Core Plus Bond ETF Stock Up 0.4 %

Shares of NASDAQ:CPLS traded up $0.15 on Friday, hitting $35.55. The company had a trading volume of 6,609 shares, compared to its average volume of 10,234. AB Core Plus Bond ETF has a 52-week low of $34.37 and a 52-week high of $36.69. The business has a 50 day moving average of $34.94 and a 200 day moving average of $35.52.

AB Core Plus Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given 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.