AB Core Plus Bond ETF (NASDAQ:CPLS) Short Interest Up ∞ in June

AB Core Plus Bond ETF (NASDAQ:CPLS) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 291 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 9,782 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of AB Core Plus Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Cresta Advisors Ltd. acquired a new position in AB Core Plus Bond ETF in the fourth quarter valued at approximately $153,000. Raymond James Financial Inc. increased its stake in AB Core Plus Bond ETF by 18.4% during the third quarter. Raymond James Financial Inc. now owns 8,242 shares of the company’s stock worth $296,000 after acquiring an additional 1,281 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in AB Core Plus Bond ETF in the first quarter valued at $1,073,000. Osaic Holdings Inc. lifted its stake in shares of AB Core Plus Bond ETF by 92.8% in the 4th quarter. Osaic Holdings Inc. now owns 32,815 shares of the company’s stock valued at $1,166,000 after purchasing an additional 15,794 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of AB Core Plus Bond ETF in the 1st quarter valued at $1,445,000.

AB Core Plus Bond ETF Price Performance

Shares of CPLS stock opened at $34.87 on Thursday. AB Core Plus Bond ETF has a twelve month low of $34.67 and a twelve month high of $36.29. The company’s 50-day moving average price is $35.04 and its 200-day moving average price is $35.35.

AB Core Plus Bond ETF Cuts Dividend

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

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.