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

ActivePassive International Equity ETF (NYSEARCA:APIE) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 15,513 shares, a drop of 70.3% from the June 15th total of 52,183 shares. Based on an average trading volume of 49,902 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

ActivePassive International Equity ETF Price Performance

NYSEARCA:APIE traded up $0.14 during trading hours on Tuesday, hitting $38.55. The company had a trading volume of 46,534 shares, compared to its average volume of 66,975. The stock has a 50-day moving average price of $38.27 and a 200 day moving average price of $37.36. The company has a market capitalization of $1.06 billion, a PE ratio of 16.03 and a beta of 0.69. ActivePassive International Equity ETF has a 52 week low of $32.37 and a 52 week high of $39.45.

Institutional Investors Weigh In On ActivePassive International Equity ETF

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

About ActivePassive International Equity ETF

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.