AB Core Plus Bond ETF (NASDAQ:CPLS) Short Interest Down 41.7% in May

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 620 shares, a decrease of 41.7% from the April 30th total of 1,064 shares. Based on an average trading volume of 6,628 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

AB Core Plus Bond ETF Stock Performance

NASDAQ CPLS opened at $35.12 on Tuesday. AB Core Plus Bond ETF has a twelve month low of $34.67 and a twelve month high of $36.29. The stock has a fifty day simple moving average of $35.21 and a 200 day simple moving average of $35.52.

AB Core Plus Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.1307 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Monday, June 1st. This is an increase from AB Core Plus Bond ETF’s previous monthly dividend of $0.13.

Institutional Trading of AB Core Plus Bond ETF

Large investors have recently bought and sold shares of the business. Cresta Advisors Ltd. acquired a new stake in AB Core Plus Bond ETF during the 4th quarter worth about $153,000. Raymond James Financial Inc. grew its holdings in AB Core Plus Bond ETF by 18.4% during the 3rd 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 period. Goldman Sachs Group Inc. acquired a new stake in shares of AB Core Plus Bond ETF in the 1st quarter valued at about $1,073,000. Osaic Holdings Inc. grew 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 buying an additional 15,794 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of AB Core Plus Bond ETF in the 1st quarter valued at about $1,445,000.

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.