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

ActivePassive Core Bond ETF (NYSEARCA:APCB) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 71,025 shares, a growth of 211.0% from the April 30th total of 22,835 shares. Based on an average daily volume of 69,287 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On 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 its most recent disclosure with the Securities and Exchange Commission. The firm purchased 50,338 shares of the company’s stock, valued at approximately $1,502,000. Flow Traders U.S. LLC owned about 0.17% of ActivePassive Core Bond ETF at the end of the most recent reporting period.

ActivePassive Core Bond ETF Stock Up 0.1%

ActivePassive Core Bond ETF stock opened at $29.44 on Friday. ActivePassive Core Bond ETF has a 12-month low of $29.00 and a 12-month high of $30.18. The firm’s 50-day moving average is $29.42 and its two-hundred day moving average is $29.66.

About ActivePassive Core Bond ETF

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.