Short Interest in ActivePassive International Equity ETF (NYSEARCA:APIE) Increases By 30.0%

ActivePassive International Equity ETF (NYSEARCA:APIE) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 81,024 shares, an increase of 30.0% from the November 30th total of 62,339 shares. Based on an average daily trading volume, of 53,514 shares, the short-interest ratio is currently 1.5 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 53,514 shares, the short-interest ratio is currently 1.5 days.

ActivePassive International Equity ETF Trading Up 0.4%

APIE stock traded up $0.15 during midday trading on Tuesday, hitting $35.74. 41,541 shares of the company’s stock were exchanged, compared to its average volume of 78,711. ActivePassive International Equity ETF has a 1-year low of $26.18 and a 1-year high of $37.00. The stock has a market capitalization of $935.32 million, a PE ratio of 16.03 and a beta of 0.68. The business has a 50-day simple moving average of $36.00 and a two-hundred day simple moving average of $34.77.

Hedge Funds Weigh In On ActivePassive International Equity ETF

A hedge fund recently raised its stake in ActivePassive International Equity ETF stock. Wedbush Securities Inc. grew its position in ActivePassive International Equity ETF (NYSEARCA:APIE) by 33.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,843 shares of the company’s stock after buying an additional 11,559 shares during the quarter. Wedbush Securities Inc. owned 0.18% of ActivePassive International Equity ETF worth $1,527,000 as of its most recent filing with the Securities and Exchange Commission.

About ActivePassive International Equity ETF

The ActivePassive International Equity ETF (APIE) is an exchange-traded fund that is based on the S&P Classic ADR Composite index. The fund is an actively managed fund that utilizes a core and explore investment strategy in pursuing international equity exposure. The strategy blends passive and active approach to optimize cost, tracking and potential return over its benchmark index. APIE was launched on May 3, 2023 and is managed by Envestnet.