Short Interest in ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Increases By 201.6%

ActivePassive U.S. Equity ETF (NYSEARCA:APUE) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 44,636 shares, a growth of 201.6% from the April 15th total of 14,800 shares. Based on an average trading volume of 92,575 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

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

ActivePassive U.S. Equity ETF Stock Up 0.7%

NYSEARCA:APUE traded up $0.30 during mid-day trading on Thursday, hitting $45.70. 153,304 shares of the stock traded hands, compared to its average volume of 119,835. The company has a market cap of $2.49 billion, a PE ratio of 23.42 and a beta of 1.00. ActivePassive U.S. Equity ETF has a 12-month low of $34.89 and a 12-month high of $45.82. The business’s 50-day moving average price is $42.19 and its 200 day moving average price is $42.01.

About ActivePassive U.S. Equity ETF

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.