ActivePassive Core Bond ETF (NYSEARCA:APCB) Shares Shorted: Short Interest Up 74.8% in September

ActivePassive Core Bond ETF (NYSEARCA:APCB) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 12,264 shares, a growth of 74.8% from the August 31st total of 7,016 shares. Based on an average daily trading volume, of 66,399 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in ActivePassive Core Bond ETF stock. Harbor Investment Advisory LLC bought a new position in ActivePassive Core Bond ETF (NYSEARCA:APCB) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,171 shares of the company’s stock, valued at approximately $93,000.

ActivePassive Core Bond ETF Trading Up 0.2%

ActivePassive Core Bond ETF stock traded up $0.05 during mid-day trading on Thursday, reaching $28.15. The stock had a trading volume of 57,984 shares, compared to its average volume of 74,828. ActivePassive Core Bond ETF has a fifty-two week low of $28.01 and a fifty-two week high of $30.18. The stock’s 50-day simple moving average is $28.78 and its 200-day simple moving average is $29.16.

ActivePassive Core Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.0255 per share. This is a drop from ActivePassive Core Bond ETF’s previous monthly dividend of $0.0765. The ex-dividend date is Thursday, October 1st. This represents a $0.31 dividend on an annualized basis and a yield of 1.1%.

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.