The BeeHive Fund (NASDAQ:BEEX) Short Interest Down 87.9% in May

The BeeHive Fund (NASDAQ:BEEX) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,899 shares, a decline of 87.9% from the May 14th total of 15,748 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,190 shares, the days-to-cover ratio is presently 0.4 days.

The BeeHive Fund Stock Performance

NASDAQ:BEEX traded down $0.23 during mid-day trading on Thursday, reaching $26.12. The stock had a trading volume of 359 shares, compared to its average volume of 2,499. The firm has a 50 day moving average price of $26.32 and a two-hundred day moving average price of $25.84. The stock has a market capitalization of $189.12 million, a P/E ratio of 25.27 and a beta of 0.86. The BeeHive Fund has a one year low of $23.29 and a one year 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.