ActivePassive Core Bond ETF (NYSEARCA:APCB) Sees Large Increase in Short Interest

ActivePassive Core Bond ETF (NYSEARCA:APCB) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 36,242 shares, a growth of 1,369.1% from the May 31st total of 2,467 shares. Based on an average daily volume of 50,439 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of ActivePassive Core Bond ETF

A hedge fund recently bought a new stake in ActivePassive Core Bond ETF stock. Flow Traders U.S. LLC purchased a new position in shares of ActivePassive Core Bond ETF (NYSEARCA:APCB) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 50,338 shares of the company’s stock, valued at approximately $1,502,000. Flow Traders U.S. LLC owned approximately 0.17% of ActivePassive Core Bond ETF as of its most recent SEC filing.

ActivePassive Core Bond ETF Price Performance

ActivePassive Core Bond ETF stock traded up $0.02 during trading hours on Thursday, hitting $29.49. 57,505 shares of the stock were exchanged, compared to its average volume of 59,816. The business’s 50-day moving average is $29.38 and its two-hundred day moving average is $29.58. ActivePassive Core Bond ETF has a 12 month low of $29.00 and a 12 month high of $30.18.

ActivePassive Core Bond ETF Company Profile

The ActivePassive Core Bond ETF (APCB) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively managed fund that blends active and passive investment strategies. The fund seeks to provide current income with low volatility of principal APCB was launched on May 3, 2023 and is managed by Envestnet.