ActivePassive Core Bond ETF (NYSEARCA:APCB) Stock Short Interest Falls 81.8%

ActivePassive Core Bond ETF (NYSEARCA:APCB – Get Free Report) saw a significant drop in short interest in October. As of October 15th, there was short interest totaling 3,264 shares, a drop of 81.8% from the September 30th total of 17,952 shares. Based on an average daily volume of 60,433 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On ActivePassive Core Bond ETF

A hedge fund recently bought a new position in ActivePassive Core Bond ETF stock. Harbor Investment Advisory LLC bought a new stake in ActivePassive Core Bond ETF (NYSEARCA:APCB – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,171 shares of the company’s stock, valued at approximately $93,000.

ActivePassive Core Bond ETF Stock Down 0.1%

ActivePassive Core Bond ETF stock traded down $0.04 during midday trading on Wednesday, hitting $28.51. 38,034 shares of the stock were exchanged, compared to its average volume of 73,202. ActivePassive Core Bond ETF has a 52-week low of $27.98 and a 52-week high of $30.14. The business’s 50-day moving average price is $28.53 and its 200-day moving average price is $29.22.

ActivePassive Core Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 2nd. Shareholders of record on Thursday, October 1st were given a dividend of $0.0255 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.31 annualized dividend and a dividend yield of 1.1%. This is a decrease from ActivePassive Core Bond ETF’s previous monthly dividend of $0.0765.

ActivePassive Core Bond ETF Company Profile

(Get Free Report)

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.

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