AB Core Plus Bond ETF (NASDAQ:CPLS) Sees Significant Growth in Short Interest

AB Core Plus Bond ETF (NASDAQ:CPLS) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 1,200 shares, an increase of 500.0% from the November 30th total of 200 shares. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On AB Core Plus Bond ETF

An institutional investor recently bought a new position in AB Core Plus Bond ETF stock. Jane Street Group LLC purchased a new position in shares of AB Core Plus Bond ETF (NASDAQ:CPLS) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,266 shares of the company’s stock, valued at approximately $1,030,000. Jane Street Group LLC owned 1.88% of AB Core Plus Bond ETF at the end of the most recent reporting period.

AB Core Plus Bond ETF Stock Performance

Shares of NASDAQ:CPLS traded down $0.10 during mid-day trading on Friday, reaching $34.94. 7,369 shares of the company were exchanged, compared to its average volume of 8,408. AB Core Plus Bond ETF has a 1 year low of $34.37 and a 1 year high of $36.69. The firm’s 50-day simple moving average is $35.37 and its 200 day simple moving average is $35.67.

AB Core Plus Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were paid a $0.1304 dividend. The ex-dividend date of this dividend was Monday, December 2nd.

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.