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

ActivePassive Core Bond ETF (NYSEARCA:APCB) saw a significant growth in short interest in 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. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 50,439 shares, the days-to-cover ratio is currently 0.7 days.

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 acquired a new stake 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 (SEC). The firm acquired 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 Stock Down 0.1%

APCB traded down $0.03 during trading on Friday, hitting $29.46. The company’s stock had a trading volume of 11,285 shares, compared to its average volume of 59,394. ActivePassive Core Bond ETF has a twelve month low of $29.00 and a twelve month high of $30.18. The business’s fifty day simple moving average is $29.38 and its 200 day simple moving average is $29.58.

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.