Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) Short Interest Down 44.6% in July

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 12,569 shares, a decline of 44.6% from the July 15th total of 22,679 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 20,289 shares, the short-interest ratio is currently 0.6 days.

Thrivent Core Plus Bond ETF Stock Performance

Thrivent Core Plus Bond ETF stock opened at $50.06 on Wednesday. Thrivent Core Plus Bond ETF has a 1-year low of $49.73 and a 1-year high of $52.25. The stock’s fifty day moving average is $50.41 and its two-hundred day moving average is $50.83.

Hedge Funds Weigh In On Thrivent Core Plus Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans raised its stake in Thrivent Core Plus Bond ETF by 3,367.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 418,305 shares of the company’s stock worth $21,463,000 after acquiring an additional 406,241 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Thrivent Core Plus Bond ETF during the second quarter worth about $3,763,000. Susquehanna International Group LLP purchased a new position in shares of Thrivent Core Plus Bond ETF during the third quarter worth about $456,000. LPL Financial LLC increased its position in shares of Thrivent Core Plus Bond ETF by 56.0% during the fourth quarter. LPL Financial LLC now owns 15,867 shares of the company’s stock worth $814,000 after purchasing an additional 5,693 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Thrivent Core Plus Bond ETF during the second quarter worth about $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.