ActivePassive International Equity ETF (NYSEARCA:APIE) Sees Significant Growth in Short Interest

ActivePassive International Equity ETF (NYSEARCA:APIE) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 37,545 shares, an increase of 142.0% from the June 30th total of 15,513 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 210,709 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ActivePassive International Equity ETF stock. Harbor Investment Advisory LLC purchased a new stake in ActivePassive International Equity ETF (NYSEARCA:APIE) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,624 shares of the company’s stock, valued at approximately $63,000.

ActivePassive International Equity ETF Stock Up 0.0%

Shares of ActivePassive International Equity ETF stock opened at $38.36 on Thursday. ActivePassive International Equity ETF has a twelve month low of $32.37 and a twelve month high of $39.50. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 16.03 and a beta of 0.69. The company’s fifty day moving average is $38.38 and its 200 day moving average is $37.56.

ActivePassive International Equity ETF Company Profile

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.