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 during 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. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 7,009 shares, the short-interest ratio is currently 0.1 days.

AB Core Plus Bond ETF Stock Performance

AB Core Plus Bond ETF stock traded down $0.03 during trading on Friday, reaching $34.65. 233,463 shares of the company were exchanged, compared to its average volume of 20,268. AB Core Plus Bond ETF has a 52-week low of $34.46 and a 52-week high of $36.29. The stock’s 50 day simple moving average is $34.77 and its two-hundred day simple moving average is $35.13.

AB Core Plus Bond ETF Increases Dividend

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

Institutional Trading of AB Core Plus Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cresta Advisors Ltd. purchased a new stake in shares of AB Core Plus Bond ETF in the 4th quarter valued at approximately $153,000. Raymond James Financial Inc. boosted its stake in shares of AB Core Plus Bond ETF by 18.4% in the 3rd quarter. Raymond James Financial Inc. now owns 8,242 shares of the company’s stock valued at $296,000 after buying an additional 1,281 shares during the period. Goldman Sachs Group Inc. acquired a new position in AB Core Plus Bond ETF during the 1st quarter worth approximately $1,073,000. Osaic Holdings Inc. grew its stake 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 worth $1,166,000 after purchasing an additional 15,794 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of AB Core Plus Bond ETF in the 1st quarter valued at about $1,445,000.

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.