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

ActivePassive International Equity ETF (NYSEARCA:APIE) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 52,183 shares, an increase of 154.0% from the May 31st total of 20,542 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 48,449 shares, the days-to-cover ratio is currently 1.1 days.

ActivePassive International Equity ETF Stock Up 1.2%

ActivePassive International Equity ETF stock traded up $0.46 during mid-day trading on Tuesday, hitting $38.76. 91,468 shares of the company were exchanged, compared to its average volume of 55,149. The company has a market capitalization of $1.05 billion, a PE ratio of 16.03 and a beta of 0.70. The business has a fifty day moving average of $38.04 and a 200 day moving average of $37.21. ActivePassive International Equity ETF has a 1-year low of $32.10 and a 1-year high of $39.19.

About ActivePassive International Equity ETF

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.