ActivePassive International Equity ETF (NYSEARCA:APIE – Get Free Report) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 11,913 shares, a growth of 81.8% from the January 15th total of 6,552 shares. Based on an average daily volume of 55,392 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 55,392 shares, the short-interest ratio is currently 0.2 days.
ActivePassive International Equity ETF Price Performance
Shares of APIE stock traded down $0.17 during trading hours on Friday, reaching $38.32. 59,746 shares of the company traded hands, compared to its average volume of 55,492. The firm has a 50-day moving average price of $36.86 and a 200 day moving average price of $35.76. The company has a market cap of $1.02 billion, a P/E ratio of 16.03 and a beta of 0.68. ActivePassive International Equity ETF has a 12-month low of $26.18 and a 12-month high of $38.96.
Institutional Investors Weigh In On ActivePassive International Equity ETF
An institutional investor recently raised its position in ActivePassive International Equity ETF stock. Wedbush Securities Inc. lifted its holdings in ActivePassive International Equity ETF (NYSEARCA:APIE – Free Report) by 33.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,843 shares of the company’s stock after acquiring an additional 11,559 shares during the period. Wedbush Securities Inc. owned 0.18% of ActivePassive International Equity ETF worth $1,527,000 at the end of the most recent reporting period.
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.
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