AB Core Plus Bond ETF (NASDAQ:CPLS) Short Interest Up 260.0% in February

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,800 shares, an increase of 260.0% from the January 31st total of 500 shares. Based on an average trading volume of 22,300 shares, the short-interest ratio is presently 0.1 days.

AB Core Plus Bond ETF Stock Up 0.2 %

Shares of CPLS traded up $0.08 during midday trading on Friday, hitting $35.48. 4,205 shares of the company traded hands, compared to its average volume of 32,648. The firm has a 50 day moving average of $34.93 and a 200-day moving average of $35.53. AB Core Plus Bond ETF has a 52 week low of $34.37 and a 52 week high of $36.69.

AB Core Plus Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1598 per share. The ex-dividend date was Monday, February 3rd.

Institutional Trading of AB Core Plus Bond ETF

Large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in AB Core Plus Bond ETF in the third quarter worth $1,030,000. Citadel Advisors LLC raised its position in shares of AB Core Plus Bond ETF by 85.4% during the 4th quarter. Citadel Advisors LLC now owns 61,865 shares of the company’s stock valued at $2,155,000 after buying an additional 28,490 shares in the last quarter. NewEdge Advisors LLC bought a new position in shares of AB Core Plus Bond ETF in the 4th quarter valued at about $3,600,000. Wagner Wealth Management LLC grew its position in AB Core Plus Bond ETF by 0.4% in the fourth quarter. Wagner Wealth Management LLC now owns 383,154 shares of the company’s stock worth $13,345,000 after acquiring an additional 1,580 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in AB Core Plus Bond ETF by 3.8% during the fourth quarter. Alliancebernstein L.P. now owns 1,071,124 shares of the company’s stock worth $37,307,000 after acquiring an additional 39,153 shares during the last quarter.

About AB Core Plus Bond ETF

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.