ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Short Interest Update

ActivePassive U.S. Equity ETF (NYSEARCA:APUE) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 4,662 shares, a drop of 90.4% from the May 31st total of 48,601 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 88,395 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ActivePassive U.S. Equity ETF stock. NewEdge Advisors LLC acquired a new stake in shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUE) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,696 shares of the company’s stock, valued at approximately $58,000.

ActivePassive U.S. Equity ETF Price Performance

Shares of ActivePassive U.S. Equity ETF stock traded down $0.02 during trading on Friday, hitting $45.29. 68,639 shares of the company’s stock traded hands, compared to its average volume of 112,457. ActivePassive U.S. Equity ETF has a 1 year low of $37.17 and a 1 year high of $46.61. The stock has a market capitalization of $2.47 billion, a P/E ratio of 23.42 and a beta of 1.00. The business has a 50-day simple moving average of $45.17 and a 200-day simple moving average of $42.94.

ActivePassive U.S. Equity ETF Company Profile

The ActivePassive U.S. Equity ETF (APUE) is an exchange-traded fund that is based on the CRSP US Large Cap index. The fund blends an active and passive management approach to build its portfolio. The fund aims to optimize costs, tracking and potentially produce higher returns by shifting exposure between active and passive investments in the broad US equity market APUE was launched on May 3, 2023 and is managed by Envestnet.