NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) Sees Significant Decrease in Short Interest

NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 1,223 shares, a decrease of 92.2% from the January 29th total of 15,759 shares. Based on an average trading volume of 14,338 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 14,338 shares, the days-to-cover ratio is presently 0.1 days.

NYLI MacKay Core Plus Bond ETF Price Performance

Shares of CPLB traded up $0.05 on Thursday, hitting $21.53. The company’s stock had a trading volume of 33,775 shares, compared to its average volume of 25,515. The firm’s fifty day moving average price is $21.31 and its 200-day moving average price is $21.33. NYLI MacKay Core Plus Bond ETF has a fifty-two week low of $20.48 and a fifty-two week high of $21.65.

Institutional Investors Weigh In On NYLI MacKay Core Plus Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC acquired a new position in shares of NYLI MacKay Core Plus Bond ETF during the second quarter worth about $57,000. JPMorgan Chase & Co. acquired a new stake in NYLI MacKay Core Plus Bond ETF in the 3rd quarter valued at approximately $74,000. World Investment Advisors bought a new stake in NYLI MacKay Core Plus Bond ETF in the 3rd quarter valued at approximately $359,000. Fortis Group Advisors LLC boosted its position in NYLI MacKay Core Plus Bond ETF by 29.2% during the 4th quarter. Fortis Group Advisors LLC now owns 78,405 shares of the company’s stock worth $1,663,000 after acquiring an additional 17,732 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in NYLI MacKay Core Plus Bond ETF by 103.6% during the 4th quarter. Jane Street Group LLC now owns 35,854 shares of the company’s stock worth $761,000 after acquiring an additional 18,242 shares during the last quarter.

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.