Short Interest in AB Core Plus Bond ETF (NASDAQ:CPLS) Expands By 500.0%

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

AB Core Plus Bond ETF Stock Up 0.2 %

CPLS stock traded up $0.07 during mid-day trading on Thursday, reaching $35.04. 634 shares of the stock traded hands, compared to its average volume of 8,408. The business has a 50-day moving average of $35.39 and a two-hundred day moving average of $35.67. AB Core Plus Bond ETF has a 52 week low of $34.37 and a 52 week high of $36.69.

AB Core Plus Bond ETF Cuts Dividend

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AB Core Plus Bond ETF stock. Wagner Wealth Management LLC increased its holdings in AB Core Plus Bond ETF (NASDAQ:CPLS) by 30.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 381,574 shares of the company’s stock after purchasing an additional 89,808 shares during the period. AB Core Plus Bond ETF makes up 3.8% of Wagner Wealth Management LLC’s portfolio, making the stock its 8th biggest position. Wagner Wealth Management LLC owned about 25.44% of AB Core Plus Bond ETF worth $13,899,000 as of its most recent SEC filing.

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.