ActivePassive Core Bond ETF (NYSEARCA:APCB) Short Interest Down 66.8% in June

ActivePassive Core Bond ETF (NYSEARCA:APCB) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 12,035 shares, a decline of 66.8% from the June 15th total of 36,242 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 51,961 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On ActivePassive Core Bond ETF

An institutional investor recently bought a new stake in ActivePassive Core Bond ETF stock. Harbor Investment Advisory LLC purchased a new position in ActivePassive Core Bond ETF (NYSEARCA:APCB) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,171 shares of the company’s stock, valued at approximately $93,000.

ActivePassive Core Bond ETF Price Performance

Shares of NYSEARCA:APCB traded up $0.03 on Wednesday, reaching $29.17. 54,984 shares of the company traded hands, compared to its average volume of 79,063. ActivePassive Core Bond ETF has a fifty-two week low of $29.00 and a fifty-two week high of $30.18. The company’s 50 day moving average is $29.31 and its 200-day moving average is $29.54.

About ActivePassive Core Bond ETF

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.