NYLIM MacKay Core Plus Bond ETF (NYSEARCA:CPLB – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 207,665 shares, an increase of 196.0% from the September 30th total of 70,159 shares. Based on an average daily trading volume, of 245,813 shares, the short-interest ratio is currently 0.8 days. Approximately 0.9% of the company’s stock are sold short.
NYLIM MacKay Core Plus Bond ETF Stock Down 0.2%
Shares of NYSEARCA CPLB opened at $20.27 on Friday. The business has a 50-day moving average of $20.33 and a two-hundred day moving average of $20.85. NYLIM MacKay Core Plus Bond ETF has a 1 year low of $19.88 and a 1 year high of $21.53.
Hedge Funds Weigh In On NYLIM MacKay Core Plus Bond ETF
An institutional investor recently bought a new position in NYLIM MacKay Core Plus Bond ETF stock. Cetera Investment Advisers acquired a new stake in NYLIM MacKay Core Plus Bond ETF (NYSEARCA:CPLB – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,598 shares of the company’s stock, valued at approximately $201,000. Cetera Investment Advisers owned 0.07% of NYLIM MacKay Core Plus Bond ETF at the end of the most recent quarter.
About NYLIM MacKay Core Plus Bond ETF
The NYLI MacKay Core Plus Bond ETF (CPLB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a wide range of corporate, government, mortgage-related and asset-backed securities, while aiming to maintain a portfolio modified duration to worst within 2.5 years of its benchmark. Up to 30% may be invested in high yield bonds, and up to 20% in foreign issuers. CPLB was launched on Jun 17, 2021 and is issued by New York Life Investments.
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