ActivePassive Core Bond ETF (NYSEARCA:APCB) Sees Significant Decline in Short Interest

ActivePassive Core Bond ETF (NYSEARCA:APCB) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 2,467 shares, a drop of 96.5% from the May 14th total of 71,025 shares. Based on an average daily trading volume, of 58,429 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

ActivePassive Core Bond ETF Stock Performance

APCB stock traded down $0.06 during midday trading on Wednesday, hitting $29.20. The company’s stock had a trading volume of 30,961 shares, compared to its average volume of 60,516. ActivePassive Core Bond ETF has a 52-week low of $29.00 and a 52-week high of $30.18. The firm has a 50-day simple moving average of $29.40 and a 200-day simple moving average of $29.63.

Hedge Funds 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 stake in ActivePassive Core Bond ETF (NYSEARCA:APCB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 50,338 shares of the company’s stock, valued at approximately $1,502,000. Flow Traders U.S. LLC owned 0.17% of ActivePassive Core Bond ETF as of its most recent SEC filing.

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.