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 significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 86,216 shares, an increase of 3,123.0% from the November 30th total of 2,675 shares. Based on an average trading volume of 15,862 shares, the short-interest ratio is currently 5.4 days. Currently, 0.6% of the shares of the stock are short sold. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 15,862 shares, the short-interest ratio is currently 5.4 days.

Institutional Trading of NYLI MacKay Core Plus Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. New York Life Investment Management LLC acquired a new position in shares of NYLI MacKay Core Plus Bond ETF during the second quarter worth $277,327,000. Envestnet Asset Management Inc. acquired a new position in NYLI MacKay Core Plus Bond ETF in the 2nd quarter worth about $5,914,000. Fortis Group Advisors LLC bought a new position in NYLI MacKay Core Plus Bond ETF in the third quarter valued at about $1,298,000. Prosperity Financial Group Inc. bought a new position in NYLI MacKay Core Plus Bond ETF in the second quarter valued at about $625,000. Finally, Citadel Advisors LLC boosted its stake in shares of NYLI MacKay Core Plus Bond ETF by 164.5% during 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 in the last quarter.

NYLI MacKay Core Plus Bond ETF Stock Up 0.1%

Shares of CPLB stock traded up $0.02 on Wednesday, reaching $21.29. The company had a trading volume of 1,525 shares, compared to its average volume of 13,482. The business’s 50-day moving average is $21.34 and its 200 day moving average is $21.25. NYLI MacKay Core Plus Bond ETF has a one year low of $20.48 and a one year high of $21.65.

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.