AB Core Plus Bond ETF (NASDAQ:CPLS) Sees Large Increase in Short Interest

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

Hedge Funds Weigh In On AB Core Plus Bond ETF

A hedge fund recently bought a new stake in AB Core Plus Bond ETF stock. Jane Street Group LLC purchased a new stake in AB Core Plus Bond ETF (NASDAQ:CPLS) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 28,266 shares of the company’s stock, valued at approximately $1,030,000. Jane Street Group LLC owned about 1.88% of AB Core Plus Bond ETF as of its most recent SEC filing.

AB Core Plus Bond ETF Trading Down 0.7 %

CPLS stock traded down $0.24 during trading on Friday, hitting $34.80. 7,369 shares of the stock traded hands, compared to its average volume of 8,408. AB Core Plus Bond ETF has a one year low of $34.37 and a one year high of $36.69. The company has a 50 day simple moving average of $35.39 and a 200 day simple moving average of $35.67.

AB Core Plus Bond ETF Cuts Dividend

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

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.