The BeeHive Fund (NASDAQ:BEEX) Short Interest Update

The BeeHive Fund (NASDAQ:BEEX) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 15,748 shares, an increase of 42,462.2% from the April 30th total of 37 shares. Based on an average daily volume of 5,430 shares, the days-to-cover ratio is presently 2.9 days. Currently, 0.2% of the company’s stock are short sold.

The BeeHive Fund Stock Performance

NASDAQ BEEX opened at $27.36 on Friday. The stock has a market capitalization of $198.09 million, a price-to-earnings ratio of 25.27 and a beta of 0.86. The stock’s 50 day moving average price is $25.80 and its two-hundred day moving average price is $25.74. The BeeHive Fund has a 52 week low of $22.93 and a 52 week high of $27.93.

About The BeeHive Fund

The Beehive ETF (BEEX) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, primarily investing in large- and mid-cap domestic equity securities. The fund targets companies with strong market positions to drive long-term capital growth BEEX was launched on Dec 14, 2024 and is issued by BeeHive.