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

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

ActivePassive Core Bond ETF Trading Down 0.7%

Shares of NYSEARCA:APCB traded down $0.20 during midday trading on Friday, hitting $29.14. The company’s stock had a trading volume of 47,504 shares, compared to its average volume of 61,693. The stock’s 50 day simple moving average is $29.49 and its 200 day simple moving average is $29.71. ActivePassive Core Bond ETF has a fifty-two week low of $28.94 and a fifty-two week high of $30.18.

ActivePassive Core Bond ETF Increases Dividend

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

Institutional Investors 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 stake in ActivePassive Core Bond ETF (NYSEARCA:APCBFree Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

About ActivePassive Core Bond ETF

(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.

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