ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Short Interest Down 90.4% in June

ActivePassive U.S. Equity ETF (NYSEARCA:APUE) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 4,662 shares, a decrease of 90.4% from the May 31st total of 48,601 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 88,395 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On ActivePassive U.S. Equity ETF

A hedge fund recently bought a new stake in ActivePassive U.S. Equity ETF stock. NewEdge Advisors LLC purchased a new stake in ActivePassive U.S. Equity ETF (NYSEARCA:APUE) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,696 shares of the company’s stock, valued at approximately $58,000.

ActivePassive U.S. Equity ETF Stock Up 0.2%

APUE stock traded up $0.07 during trading on Friday, hitting $45.38. The company had a trading volume of 54,253 shares, compared to its average volume of 112,314. ActivePassive U.S. Equity ETF has a 52-week low of $37.17 and a 52-week high of $46.61. The company has a 50 day simple moving average of $45.12 and a 200-day simple moving average of $42.92. The firm has a market capitalization of $2.47 billion, a P/E ratio of 23.42 and a beta of 1.00.

About ActivePassive U.S. Equity ETF

The ActivePassive U.S. Equity ETF (APUE) is an exchange-traded fund that is based on the CRSP US Large Cap index. The fund blends an active and passive management approach to build its portfolio. The fund aims to optimize costs, tracking and potentially produce higher returns by shifting exposure between active and passive investments in the broad US equity market APUE was launched on May 3, 2023 and is managed by Envestnet.