Short Interest in ActivePassive International Equity ETF (NYSEARCA:APIE) Expands By 81.8%

ActivePassive International Equity ETF (NYSEARCA:APIE) was the recipient of a significant growth in short interest in 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. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 55,392 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 55,392 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On ActivePassive International Equity ETF

An institutional investor recently raised its position in ActivePassive International Equity ETF stock. Wedbush Securities Inc. boosted its holdings in shares of ActivePassive International Equity ETF (NYSEARCA:APIE) by 33.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,843 shares of the company’s stock after buying an additional 11,559 shares during the quarter. Wedbush Securities Inc. owned approximately 0.18% of ActivePassive International Equity ETF worth $1,527,000 as of its most recent SEC filing.

ActivePassive International Equity ETF Stock Down 0.4%

NYSEARCA:APIE traded down $0.17 during mid-day trading on Friday, reaching $38.32. The company’s stock had a trading volume of 59,746 shares, compared to its average volume of 55,492. ActivePassive International Equity ETF has a 1 year low of $26.18 and a 1 year high of $38.96. The stock has a fifty day moving average of $36.86 and a 200-day moving average of $35.74. The firm has a market capitalization of $1.02 billion, a PE ratio of 16.03 and a beta of 0.68.

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.