Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) Sees Large Drop in Short Interest

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 10,872 shares, a drop of 45.1% from the June 15th total of 19,793 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 35,677 shares, the days-to-cover ratio is presently 0.3 days.

Thrivent Core Plus Bond ETF Trading Up 0.2%

TCPB stock opened at $50.36 on Wednesday. Thrivent Core Plus Bond ETF has a 12-month low of $50.11 and a 12-month high of $52.25. The business’s 50-day moving average is $50.65 and its 200 day moving average is $51.05.

Hedge Funds Weigh In On Thrivent Core Plus Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE acquired a new stake in shares of Thrivent Core Plus Bond ETF in the second quarter worth approximately $25,000. Winch Advisory Services LLC purchased a new stake in shares of Thrivent Core Plus Bond ETF during the first quarter worth approximately $27,000. Blue Trust Inc. acquired a new position in Thrivent Core Plus Bond ETF in the 1st quarter valued at $31,000. NewEdge Advisors LLC acquired a new position in Thrivent Core Plus Bond ETF in the 3rd quarter valued at $34,000. Finally, Raymond James Financial Inc. acquired a new position in Thrivent Core Plus Bond ETF in the 2nd quarter valued at $121,000.

About Thrivent Core Plus Bond ETF

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.