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

Posted by KOP Source Staff on Nov 14th, 2024

AB Core Plus Bond ETF (NASDAQ:CPLS – Get Free Report) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 400 shares, a growth of 33.3% from the October 15th total of 300 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of AB Core Plus Bond ETF

A hedge fund recently raised its stake in AB Core Plus Bond ETF stock. Wagner Wealth Management LLC boosted its holdings in AB Core Plus Bond ETF (NASDAQ:CPLS – Free Report) by 30.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 381,574 shares of the company’s stock after buying an additional 89,808 shares during the quarter. AB Core Plus Bond ETF makes up about 3.8% of Wagner Wealth Management LLC’s holdings, making the stock its 8th largest position. Wagner Wealth Management LLC owned 25.44% of AB Core Plus Bond ETF worth $13,899,000 at the end of the most recent quarter.

AB Core Plus Bond ETF Price Performance

CPLS remained flat at $35.18 during trading hours on Thursday. 1,201 shares of the company traded hands, 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 stock’s 50-day moving average price is $35.96 and its 200 day moving average price is $35.57.

AB Core Plus Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.134 per share. This represents a $1.61 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date was Friday, November 1st.

About AB Core Plus Bond ETF

(Get Free Report)

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.