Principal International Equity ETF (BATS:PIEQ) Sees Large Drop in Short Interest

Posted by Teresa Graham on Oct 29th, 2026

Principal International Equity ETF (BATS:PIEQ – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 3,301 shares, a drop of 73.9% from the September 30th total of 12,665 shares. Based on an average daily trading volume, of 58,117 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of Principal International Equity ETF

A number of hedge funds have recently modified their holdings of PIEQ. Principal Financial Group Inc. lifted its position in Principal International Equity ETF by 0.3% in the first quarter. Principal Financial Group Inc. now owns 31,588,206 shares of the company’s stock worth $1,053,284,000 after purchasing an additional 106,109 shares during the period. Envestnet Asset Management Inc. boosted its stake in Principal International Equity ETF by 182.7% during the second quarter. Envestnet Asset Management Inc. now owns 10,553,734 shares of the company’s stock worth $378,774,000 after buying an additional 6,820,652 shares in the last quarter. Private Advisor Group LLC boosted its stake in Principal International Equity ETF by 71.9% during the first quarter. Private Advisor Group LLC now owns 45,249 shares of the company’s stock worth $1,537,000 after buying an additional 18,933 shares in the last quarter. Finally, Wealthspire Retirement LLC acquired a new stake in Principal International Equity ETF during the first quarter worth $244,000.

Principal International Equity ETF Stock Up 1.0%

PIEQ stock opened at $36.04 on Thursday. Principal International Equity ETF has a twelve month low of $31.22 and a twelve month high of $37.58. The company has a market cap of $953.62 million and a PE ratio of 15.46. The business’s 50-day simple moving average is $36.34 and its 200 day simple moving average is $35.51.

About Principal International Equity ETF

(Get Free Report)

The Principal International Equity ETF (PIEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of companies outside the United States. Using proprietary fundamental research, the fund adviser surfaces companies considered underestimated by the market. PIEQ was launched on Nov 5, 2024 and is issued by Principal.