ActivePassive International Equity ETF (NYSEARCA:APIE) Short Interest Down 72.6% in April

ActivePassive International Equity ETF (NYSEARCA:APIE) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 9,932 shares, a decline of 72.6% from the April 15th total of 36,212 shares. Based on an average trading volume of 40,307 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

ActivePassive International Equity ETF Stock Up 0.4%

ActivePassive International Equity ETF stock traded up $0.17 during midday trading on Wednesday, reaching $38.07. The stock had a trading volume of 50,862 shares, compared to its average volume of 56,049. ActivePassive International Equity ETF has a 12 month low of $30.16 and a 12 month high of $39.06. The firm’s 50-day moving average price is $36.55 and its 200 day moving average price is $36.66. The firm has a market capitalization of $1.03 billion, a PE ratio of 16.03 and a beta of 0.72.

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.