Short Interest in Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) Expands By 1,786.6%

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 203,262 shares, an increase of 1,786.6% from the May 14th total of 10,774 shares. Based on an average daily trading volume, of 35,891 shares, the short-interest ratio is currently 5.7 days. Approximately 2.5% of the shares of the stock are short sold.

Thrivent Core Plus Bond ETF Stock Performance

Shares of Thrivent Core Plus Bond ETF stock traded down $0.01 during trading hours on Wednesday, reaching $50.55. The company’s stock had a trading volume of 63,480 shares, compared to its average volume of 35,527. The firm has a 50 day moving average price of $50.79 and a 200-day moving average price of $51.21. Thrivent Core Plus Bond ETF has a one year low of $50.11 and a one year high of $52.25.

Institutional Trading of Thrivent Core Plus Bond ETF

A number of large investors have recently made changes to their positions in TCPB. Raymond James Financial Inc. bought a new stake in shares of Thrivent Core Plus Bond ETF in the 2nd quarter worth about $121,000. Jane Street Group LLC bought a new stake in shares of Thrivent Core Plus Bond ETF in the 2nd quarter worth about $3,763,000. Bank of America Corp DE bought a new stake in shares of Thrivent Core Plus Bond ETF in the 2nd quarter worth about $25,000. Susquehanna International Group LLP bought a new stake in shares of Thrivent Core Plus Bond ETF in the 3rd quarter worth about $456,000. Finally, NewEdge Advisors LLC bought a new stake in shares of Thrivent Core Plus Bond ETF in the 3rd quarter worth about $34,000.

Thrivent Core Plus Bond ETF Company Profile

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.