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

ActivePassive Core Bond ETF (NYSEARCA:APCBGet Free Report) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 22,835 shares, a decline of 43.8% from the April 15th total of 40,618 shares. Based on an average trading volume of 44,412 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

ActivePassive Core Bond ETF Stock Down 0.7%

Shares of NYSEARCA:APCB traded down $0.20 during trading on Friday, hitting $29.14. 47,504 shares of the company traded hands, compared to its average volume of 61,693. The business’s fifty day moving average is $29.49 and its 200-day moving average is $29.71. ActivePassive Core Bond ETF has a one year low of $28.94 and a one year high of $30.18.

ActivePassive Core Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Monday, March 2nd were issued a dividend of $0.0958 per share. This represents a c) annualized dividend and a dividend yield of 3.9%. This is a boost from ActivePassive Core Bond ETF’s previous monthly dividend of $0.04. The ex-dividend date of this dividend was Monday, March 2nd.

Hedge Funds Weigh In On ActivePassive Core Bond ETF

An institutional investor recently bought a new position in ActivePassive Core Bond ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of ActivePassive Core Bond ETF (NYSEARCA:APCBFree Report) in the third quarter, according to its most recent disclosure 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 approximately 0.17% of ActivePassive Core Bond ETF as of its most recent filing with the SEC.

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.

Further Reading

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