NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) Sees Large Decrease in Short Interest

NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 3,312 shares, a decrease of 96.2% from the December 15th total of 86,216 shares. Based on an average daily volume of 6,018 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 6,018 shares, the short-interest ratio is presently 0.6 days.

NYLI MacKay Core Plus Bond ETF Stock Performance

Shares of NYSEARCA:CPLB traded down $0.02 during mid-day trading on Tuesday, reaching $21.26. 1,084 shares of the company were exchanged, compared to its average volume of 9,371. The firm’s 50-day simple moving average is $21.29 and its 200 day simple moving average is $21.28. NYLI MacKay Core Plus Bond ETF has a 1 year low of $20.48 and a 1 year high of $21.65.

Institutional Investors Weigh In On NYLI MacKay Core Plus Bond ETF

Several hedge funds have recently made changes to their positions in CPLB. JPMorgan Chase & Co. acquired a new stake in NYLI MacKay Core Plus Bond ETF in the third quarter valued at $74,000. Prosperity Financial Group Inc. increased its holdings in shares of NYLI MacKay Core Plus Bond ETF by 63.2% in the 3rd quarter. Prosperity Financial Group Inc. now owns 47,886 shares of the company’s stock valued at $1,024,000 after acquiring an additional 18,549 shares during the last quarter. Citadel Advisors LLC raised its position in shares of NYLI MacKay Core Plus Bond ETF by 164.5% during the 3rd quarter. Citadel Advisors LLC now owns 40,768 shares of the company’s stock valued at $872,000 after acquiring an additional 25,352 shares in the last quarter. Fortis Group Advisors LLC bought a new position in NYLI MacKay Core Plus Bond ETF during the third quarter worth $1,298,000. Finally, Envestnet Asset Management Inc. boosted its holdings in NYLI MacKay Core Plus Bond ETF by 13.4% in the third 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.

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.