ActivePassive International Equity ETF (NYSEARCA:APIE) Short Interest Update

ActivePassive International Equity ETF (NYSEARCA:APIE) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 6,552 shares, a decrease of 82.3% from the December 31st total of 36,962 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 54,407 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 54,407 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

ActivePassive International Equity ETF Stock Performance

Shares of ActivePassive International Equity ETF stock traded up $0.49 during trading hours on Tuesday, hitting $38.07. The company’s stock had a trading volume of 71,770 shares, compared to its average volume of 56,810. The company has a market cap of $1.01 billion, a PE ratio of 16.03 and a beta of 0.68. The business has a 50 day moving average price of $36.29 and a two-hundred day moving average price of $35.36. ActivePassive International Equity ETF has a 12-month low of $26.18 and a 12-month high of $38.11.

Institutional Investors 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 second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,843 shares of the company’s stock after purchasing an additional 11,559 shares during the quarter. Wedbush Securities Inc. owned about 0.18% of ActivePassive International Equity ETF worth $1,527,000 as of its most recent SEC filing.

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.