NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) Short Interest Up 5,589.2% in January

NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 15,759 shares, an increase of 5,589.2% from the January 15th total of 277 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 51,719 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 51,719 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

NYLI MacKay Core Plus Bond ETF Stock Down 0.2%

Shares of CPLB stock opened at $21.32 on Thursday. NYLI MacKay Core Plus Bond ETF has a fifty-two week low of $20.48 and a fifty-two week high of $21.65. The stock’s 50-day moving average is $21.27 and its two-hundred day moving average is $21.30.

Institutional Trading of NYLI MacKay Core Plus Bond ETF

Several large investors have recently added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC acquired a new position in shares of NYLI MacKay Core Plus Bond ETF during the 2nd quarter worth $57,000. JPMorgan Chase & Co. acquired a new position in NYLI MacKay Core Plus Bond ETF during the third quarter worth $74,000. World Investment Advisors bought a new position in NYLI MacKay Core Plus Bond ETF during the third quarter valued at about $359,000. Jane Street Group LLC acquired a new stake in shares of NYLI MacKay Core Plus Bond ETF in the second quarter worth about $411,000. Finally, Keudell Morrison Wealth Management bought a new stake in shares of NYLI MacKay Core Plus Bond ETF during the 4th quarter worth about $533,000.

NYLI MacKay Core Plus Bond ETF Company Profile

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.