NYLIM MacKay Core Plus Bond ETF (NYSEARCA:CPLB – Get Free Report) was the recipient of a large 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 days-to-cover ratio is currently 0.8 days. Currently, 0.9% of the shares of the stock are short sold.
NYLIM MacKay Core Plus Bond ETF Stock Performance
NYLIM MacKay Core Plus Bond ETF stock traded up $0.03 during mid-day trading on Thursday, hitting $20.32. 55,710 shares of the company were exchanged, compared to its average volume of 72,946. NYLIM MacKay Core Plus Bond ETF has a 12-month low of $19.88 and a 12-month high of $21.53. The business’s 50 day simple moving average is $20.35 and its two-hundred day simple moving average is $20.86.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in NYLIM MacKay Core Plus Bond ETF stock. Cetera Investment Advisers acquired a new position in shares of NYLIM MacKay Core Plus Bond ETF (NYSEARCA:CPLB – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 9,598 shares of the company’s stock, valued at approximately $201,000. Cetera Investment Advisers owned about 0.07% of NYLIM MacKay Core Plus Bond ETF as of its most recent SEC filing.
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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