Short Interest in ActivePassive Core Bond ETF (NYSEARCA:APCB) Declines By 43.8%

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

ActivePassive Core Bond ETF Trading Down 0.7%

APCB traded down $0.20 during midday trading on Friday, hitting $29.14. The company had a trading volume of 47,504 shares, compared to its average volume of 61,693. ActivePassive Core Bond ETF has a twelve month low of $28.94 and a twelve month high of $30.18. The firm’s 50-day simple moving average is $29.49 and its 200-day simple moving average is $29.70.

ActivePassive Core Bond ETF Increases Dividend

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

Institutional Investors 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 acquired a new stake in ActivePassive Core Bond ETF (NYSEARCA:APCB) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 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 at the end of the most recent quarter.

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.