ActivePassive International Equity ETF (NYSEARCA:APIE) Shares Shorted: Short Interest Down 98.2% in October

ActivePassive International Equity ETF (NYSEARCA:APIE) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 456 shares, a decline of 98.2% from the September 30th total of 24,726 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 44,465 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in ActivePassive International Equity ETF stock. Harbor Investment Advisory LLC acquired a new position in shares of ActivePassive International Equity ETF (NYSEARCA:APIE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,624 shares of the company’s stock, valued at approximately $63,000.

ActivePassive International Equity ETF Price Performance

Shares of NYSEARCA APIE opened at $37.95 on Tuesday. The company’s 50 day simple moving average is $38.97 and its 200 day simple moving average is $38.01. ActivePassive International Equity ETF has a fifty-two week low of $34.00 and a fifty-two week high of $40.20. The firm has a market capitalization of $1.12 billion, a P/E ratio of 16.03 and a beta of 0.70.

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.