Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Sees Significant Increase in Short Interest

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 2,032 shares, an increase of 139.1% from the June 15th total of 850 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 2,800 shares, the days-to-cover ratio is currently 0.7 days.

Thornburg Core Plus Bond ETF Price Performance

TPLS stock opened at $24.92 on Tuesday. The stock’s 50 day simple moving average is $25.11 and its 200 day simple moving average is $25.36. Thornburg Core Plus Bond ETF has a 12-month low of $24.82 and a 12-month high of $26.00.

Thornburg Core Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were issued a dividend of $0.1038 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Integrity Wealth Solutions LLC grew its position in shares of Thornburg Core Plus Bond ETF by 30.6% during the 1st quarter. Integrity Wealth Solutions LLC now owns 15,903 shares of the company’s stock valued at $401,000 after buying an additional 3,726 shares during the last quarter. Jane Street Group LLC acquired a new stake in Thornburg Core Plus Bond ETF during the first quarter worth about $253,000. Finally, Cornerstone Wealth Group LLC lifted its holdings in Thornburg Core Plus Bond ETF by 24.9% in the fourth quarter. Cornerstone Wealth Group LLC now owns 164,034 shares of the company’s stock worth $4,176,000 after acquiring an additional 32,668 shares during the last quarter.

Thornburg Core Plus Bond ETF Company Profile

The Thornburg Core Plus Bond ETF (TPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns through investments in the broad US fixed-income market. Securities can be of any credit quality and maturity. TPLS was launched on Feb 5, 2025 and is issued by Thornburg.