Short Interest in Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) Rises By 1,786.6%

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 203,262 shares, a growth of 1,786.6% from the May 14th total of 10,774 shares. Based on an average trading volume of 35,891 shares, the days-to-cover ratio is presently 5.7 days. Currently, 2.5% of the company’s stock are sold short.

Thrivent Core Plus Bond ETF Price Performance

TCPB opened at $50.50 on Thursday. The company has a 50-day moving average of $50.79 and a 200-day moving average of $51.20. Thrivent Core Plus Bond ETF has a 1-year low of $50.11 and a 1-year high of $52.25.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in TCPB. Bank of America Corp DE acquired a new position in Thrivent Core Plus Bond ETF in the second quarter worth $25,000. Winch Advisory Services LLC acquired a new stake in shares of Thrivent Core Plus Bond ETF during the first quarter worth $27,000. Blue Trust Inc. bought a new position in shares of Thrivent Core Plus Bond ETF in the 1st quarter worth about $31,000. NewEdge Advisors LLC bought a new position in shares of Thrivent Core Plus Bond ETF in the 3rd quarter worth about $34,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Thrivent Core Plus Bond ETF in the 2nd quarter valued at about $121,000.

About Thrivent Core Plus Bond ETF

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.