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

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

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 bought a new position in shares of ActivePassive Core Bond ETF (NYSEARCA:APCB) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 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 at the end of the most recent reporting period.

ActivePassive Core Bond ETF Price Performance

APCB traded up $0.09 on Tuesday, reaching $29.26. The stock had a trading volume of 83,309 shares, compared to its average volume of 60,829. ActivePassive Core Bond ETF has a fifty-two week low of $29.00 and a fifty-two week high of $30.18. The firm has a 50-day moving average of $29.40 and a 200-day moving average of $29.63.

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.