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

ActivePassive Core Bond ETF (NYSEARCA:APCB) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 71,025 shares, a growth of 211.0% from the April 30th total of 22,835 shares. Based on an average trading volume of 69,287 shares, the short-interest ratio is currently 1.0 days. Approximately 0.2% of the company’s shares are sold short.

ActivePassive Core Bond ETF Price Performance

APCB opened at $29.44 on Friday. The company’s 50 day simple moving average is $29.42 and its 200 day simple moving average is $29.66. ActivePassive Core Bond ETF has a 1 year low of $29.00 and a 1 year high of $30.18.

Institutional Investors Weigh In On ActivePassive Core Bond ETF

An institutional investor recently raised its position in ActivePassive Core Bond ETF stock. Wedbush Securities Inc. increased its stake in ActivePassive Core Bond ETF (NYSEARCA:APCB) by 4.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 63,827 shares of the company’s stock after acquiring an additional 2,689 shares during the period. Wedbush Securities Inc. owned approximately 0.21% of ActivePassive Core Bond ETF worth $1,904,000 as of its most recent SEC filing.

ActivePassive Core Bond ETF Company Profile

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.