Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) Sees Significant Growth in Short Interest

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 22,679 shares, an increase of 108.6% from the June 30th total of 10,872 shares. Based on an average trading volume of 34,484 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the stock are short sold.

Thrivent Core Plus Bond ETF Stock Performance

Shares of NYSEARCA:TCPB traded down $0.19 on Thursday, reaching $49.93. 13,328 shares of the company were exchanged, compared to its average volume of 34,400. The company has a 50-day moving average of $50.57 and a 200-day moving average of $50.96. Thrivent Core Plus Bond ETF has a 1-year low of $49.79 and a 1-year high of $52.25.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Winch Advisory Services LLC acquired a new stake in shares of Thrivent Core Plus Bond ETF during the 1st quarter valued at approximately $27,000. Blue Trust Inc. acquired a new position in Thrivent Core Plus Bond ETF in the 1st quarter valued at about $31,000. Jane Street Group LLC lifted its stake in shares of Thrivent Core Plus Bond ETF by 182.2% during the fourth quarter. Jane Street Group LLC now owns 22,427 shares of the company’s stock valued at $1,151,000 after buying an additional 14,481 shares during the period. LPL Financial LLC lifted its stake in shares of Thrivent Core Plus Bond ETF by 56.0% during the 4th quarter. LPL Financial LLC now owns 15,867 shares of the company’s stock worth $814,000 after purchasing an additional 5,693 shares during the period. Finally, Thrivent Financial for Lutherans boosted its stake in Thrivent Core Plus Bond ETF by 3,367.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 418,305 shares of the company’s stock worth $21,463,000 after buying an additional 406,241 shares during the last quarter.

Thrivent Core Plus Bond ETF Company Profile

The Thrivent Core Plus Bond ETF (TCPB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of debt securities with exposure to the global fixed income market. It may hold various debt investments of any credit rating, duration, and maturities TCPB was launched on Feb 19, 2025 and is issued by Thrivent.