The BeeHive Fund (NASDAQ:BEEX) Sees Large Growth in Short Interest

The BeeHive Fund (NASDAQ:BEEX) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 27,967 shares, an increase of 208.9% from the June 30th total of 9,054 shares. Based on an average daily volume of 4,074 shares, the days-to-cover ratio is currently 6.9 days. Approximately 0.4% of the shares of the company are short sold.

The BeeHive Fund Stock Up 0.7%

BEEX stock opened at $27.01 on Wednesday. The company has a 50-day simple moving average of $26.86 and a 200 day simple moving average of $26.07. The company has a market capitalization of $196.09 million, a P/E ratio of 25.27 and a beta of 0.88. The BeeHive Fund has a fifty-two week low of $23.60 and a fifty-two week high of $27.93.

The BeeHive Fund Company Profile

The Beehive ETF (BEEX) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, primarily investing in large- and mid-cap domestic equity securities. The fund targets companies with strong market positions to drive long-term capital growth BEEX was launched on Dec 14, 2024 and is issued by BeeHive.