AB Core Plus Bond ETF (NASDAQ:CPLS) Short Interest Up 261.9% in July

AB Core Plus Bond ETF (NASDAQ:CPLS) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,053 shares, an increase of 261.9% from the June 30th total of 291 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 17,619 shares, the days-to-cover ratio is presently 0.1 days.

AB Core Plus Bond ETF Stock Up 0.3%

Shares of NASDAQ:CPLS traded up $0.11 during mid-day trading on Tuesday, hitting $34.72. 992 shares of the company traded hands, compared to its average volume of 20,718. AB Core Plus Bond ETF has a 12-month low of $34.50 and a 12-month high of $36.29. The stock has a 50-day moving average price of $34.98 and a two-hundred day moving average price of $35.30.

AB Core Plus Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.1283 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.4%.

Institutional Trading of AB Core Plus Bond ETF

Several institutional investors have recently made changes to their positions in CPLS. Raymond James Financial Inc. grew its position in 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 worth $296,000 after purchasing an additional 1,281 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in shares of AB Core Plus Bond ETF by 8.2% in the 1st quarter. Kestra Advisory Services LLC now owns 48,322 shares of the company’s stock worth $1,704,000 after buying an additional 3,656 shares during the last quarter. Valley Wealth Managers Inc. grew its holdings in shares of AB Core Plus Bond ETF by 6.4% in the first quarter. Valley Wealth Managers Inc. now owns 62,262 shares of the company’s stock valued at $2,196,000 after acquiring an additional 3,724 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of AB Core Plus Bond ETF by 3.4% in the first quarter. Royal Bank of Canada now owns 119,771 shares of the company’s stock valued at $4,224,000 after acquiring an additional 3,957 shares in the last quarter. Finally, Cresta Advisors Ltd. purchased a new stake in shares of AB Core Plus Bond ETF during the fourth quarter valued at approximately $153,000.

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.