Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) Sees Significant Growth in Short Interest

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) was the recipient of a significant growth in short interest in 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. Currently, 2.5% of the company’s stock are short sold. Based on an average daily trading volume, of 35,891 shares, the short-interest ratio is currently 5.7 days.

Thrivent Core Plus Bond ETF Trading Up 0.3%

NYSEARCA TCPB traded up $0.13 during trading on Tuesday, reaching $50.56. 37,760 shares of the company’s stock were exchanged, compared to its average volume of 35,304. Thrivent Core Plus Bond ETF has a fifty-two week low of $50.11 and a fifty-two week high of $52.25. The company’s fifty day simple moving average is $50.79 and its 200-day simple moving average is $51.21.

Institutional Trading of Thrivent Core Plus Bond ETF

A number of hedge funds have recently made changes to their positions in the stock. Thrivent Financial for Lutherans grew its position in Thrivent Core Plus Bond ETF by 3,367.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 418,305 shares of the company’s stock valued at $21,463,000 after purchasing an additional 406,241 shares in the last quarter. Jane Street Group LLC purchased a new stake in Thrivent Core Plus Bond ETF in the 2nd quarter worth approximately $3,763,000. LPL Financial LLC boosted its stake in shares of Thrivent Core Plus Bond ETF by 56.0% during the 4th quarter. LPL Financial LLC now owns 15,867 shares of the company’s stock valued at $814,000 after buying an additional 5,693 shares during the period. Susquehanna International Group LLP acquired a new stake in shares of Thrivent Core Plus Bond ETF during the 3rd quarter valued at $456,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Thrivent Core Plus Bond ETF during the 2nd quarter valued at $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.