ActivePassive International Equity ETF (NYSEARCA:APIE) Shares Shorted: Short Interest Up 3,294.1% in October

ActivePassive International Equity ETF (NYSEARCA:APIE – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 15,477 shares, an increase of 3,294.1% from the October 15th total of 456 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 43,222 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of ActivePassive International Equity ETF

An institutional investor recently bought a new stake in ActivePassive International Equity ETF stock. Wedbush Securities Inc. purchased a new stake in shares of ActivePassive International Equity ETF (NYSEARCA:APIE – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 47,466 shares of the company’s stock, valued at approximately $1,826,000. Wedbush Securities Inc. owned 0.16% of ActivePassive International Equity ETF as of its most recent SEC filing.

ActivePassive International Equity ETF Stock Down 0.3%

Shares of ActivePassive International Equity ETF stock traded down $0.11 during trading on Tuesday, reaching $38.21. The company’s stock had a trading volume of 83,494 shares, compared to its average volume of 62,631. ActivePassive International Equity ETF has a 52-week low of $34.00 and a 52-week high of $40.20. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 15.94 and a beta of 0.70. The firm’s 50-day moving average is $38.59 and its two-hundred day moving average is $38.07.

ActivePassive International Equity ETF Company Profile

(Get Free Report)

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.

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