ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Shares Shorted: Short Interest Up 192.1% in September

ActivePassive U.S. Equity ETF (NYSEARCA:APUE) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 78,764 shares, a growth of 192.1% from the September 15th total of 26,962 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 108,048 shares, the short-interest ratio is presently 0.7 days.

ActivePassive U.S. Equity ETF Trading Down 0.0%

Shares of APUE opened at $47.94 on Wednesday. The business’s 50 day moving average is $47.41 and its 200 day moving average is $45.69. ActivePassive U.S. Equity ETF has a 12-month low of $38.77 and a 12-month high of $48.17. The company has a market capitalization of $2.53 billion, a PE ratio of 23.42 and a beta of 1.00.

Hedge Funds Weigh In On ActivePassive U.S. Equity ETF

An institutional investor recently bought a new position in ActivePassive U.S. Equity ETF stock. Harbor Investment Advisory LLC bought a new position in ActivePassive U.S. Equity ETF (NYSEARCA:APUE) during the second quarter, according to its most recent 13F filing with the SEC. The fund bought 3,809 shares of the company’s stock, valued at approximately $176,000.

ActivePassive U.S. Equity ETF Company Profile

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.