NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) Short Interest Up 3,123.0% in December

NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 86,216 shares, a growth of 3,123.0% from the November 30th total of 2,675 shares. Based on an average daily volume of 15,862 shares, the short-interest ratio is presently 5.4 days. Approximately 0.6% of the shares of the stock are sold short. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 15,862 shares, the short-interest ratio is presently 5.4 days.

Institutional Trading of NYLI MacKay Core Plus Bond ETF

A number of institutional investors have recently modified their holdings of the company. New York Life Investment Management LLC acquired a new stake in shares of NYLI MacKay Core Plus Bond ETF in the second quarter worth $277,327,000. Envestnet Asset Management Inc. boosted its position in NYLI MacKay Core Plus Bond ETF by 13.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 314,461 shares of the company’s stock worth $6,724,000 after purchasing an additional 37,065 shares during the period. Fortis Group Advisors LLC acquired a new stake in NYLI MacKay Core Plus Bond ETF in the 3rd quarter valued at $1,298,000. Prosperity Financial Group Inc. raised its position in NYLI MacKay Core Plus Bond ETF by 63.2% in the third quarter. Prosperity Financial Group Inc. now owns 47,886 shares of the company’s stock valued at $1,024,000 after purchasing an additional 18,549 shares during the period. Finally, Citadel Advisors LLC raised its position in NYLI MacKay Core Plus Bond ETF by 164.5% in the third quarter. Citadel Advisors LLC now owns 40,768 shares of the company’s stock valued at $872,000 after purchasing an additional 25,352 shares during the period.

NYLI MacKay Core Plus Bond ETF Price Performance

Shares of NYSEARCA:CPLB opened at $21.29 on Friday. NYLI MacKay Core Plus Bond ETF has a 12-month low of $20.48 and a 12-month high of $21.65. The stock’s 50-day moving average price is $21.33 and its two-hundred day moving average price is $21.25.

NYLI MacKay Core Plus Bond ETF Company Profile

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. Up to 30% may be invested in high yield bonds, and up to 20% in foreign issuers. CPLB was launched on Jun 17, 2021 and is issued by New York Life Investments.