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

ActivePassive International Equity ETF (NYSEARCA:APIE) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 37,545 shares, a growth of 142.0% from the June 30th total of 15,513 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 210,709 shares, the short-interest ratio is presently 0.2 days.

ActivePassive International Equity ETF Trading Up 0.7%

Shares of APIE opened at $38.35 on Tuesday. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 16.03 and a beta of 0.69. ActivePassive International Equity ETF has a 12 month low of $32.37 and a 12 month high of $39.50. The firm has a fifty day simple moving average of $38.35 and a 200 day simple moving average of $37.53.

Institutional Investors Weigh In On ActivePassive International Equity ETF

A hedge fund recently bought a new stake in ActivePassive International Equity ETF stock. Harbor Investment Advisory LLC bought a new position in shares of ActivePassive International Equity ETF (NYSEARCA:APIE) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,624 shares of the company’s stock, valued at approximately $63,000.

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.