ActivePassive International Equity ETF (NYSEARCA:APIE) Short Interest Up 142.0% in July

ActivePassive International Equity ETF (NYSEARCA:APIE) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 37,545 shares, a growth of 142.0% from the June 30th total of 15,513 shares. Based on an average daily volume of 210,709 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On ActivePassive International Equity ETF

An institutional investor recently bought a new stake in ActivePassive International Equity ETF stock. Harbor Investment Advisory LLC purchased a new position in ActivePassive International Equity ETF (NYSEARCA:APIE) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,624 shares of the company’s stock, valued at approximately $63,000.

ActivePassive International Equity ETF Stock Up 0.0%

NYSEARCA APIE traded up $0.01 during trading hours on Wednesday, reaching $38.36. The company’s stock had a trading volume of 26,672 shares, compared to its average volume of 66,936. ActivePassive International Equity ETF has a 1 year low of $32.37 and a 1 year high of $39.50. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 16.03 and a beta of 0.69. The firm’s 50-day moving average price is $38.37 and its 200-day moving average price is $37.55.

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.