Short Interest in ActivePassive International Equity ETF (NYSEARCA:APIE) Rises By 64.3%

ActivePassive International Equity ETF (NYSEARCA:APIEGet Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 28,521 shares, a growth of 64.3% from the August 15th total of 17,357 shares. Based on an average trading volume of 72,036 shares, the short-interest ratio is currently 0.4 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 acquired a new position in shares of ActivePassive International Equity ETF (NYSEARCA:APIEFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,624 shares of the company’s stock, valued at approximately $63,000.

ActivePassive International Equity ETF Stock Performance

NYSEARCA:APIE opened at $38.59 on Thursday. ActivePassive International Equity ETF has a 1 year low of $34.00 and a 1 year high of $40.20. The stock has a fifty day moving average price of $39.15 and a two-hundred day moving average price of $37.97. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 16.03 and a beta of 0.69.

About ActivePassive International Equity ETF

(Get Free Report)

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.

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