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

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

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. raised its stake in ActivePassive International Equity ETF (NYSEARCA:APIE) by 33.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,843 shares of the company’s stock after purchasing an additional 11,559 shares during the period. Wedbush Securities Inc. owned 0.18% of ActivePassive International Equity ETF worth $1,527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

ActivePassive International Equity ETF Stock Performance

NYSEARCA:APIE traded up $0.06 during trading hours on Thursday, reaching $37.87. The company’s stock had a trading volume of 43,142 shares, compared to its average volume of 56,160. The stock has a 50 day moving average price of $36.34 and a two-hundred day moving average price of $35.38. The company has a market capitalization of $1.00 billion, a P/E ratio of 16.03 and a beta of 0.68. ActivePassive International Equity ETF has a 12 month low of $26.18 and a 12 month high of $38.11.

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.