ActivePassive International Equity ETF (NYSEARCA:APIE) Sees Significant Increase in Short Interest

ActivePassive International Equity ETF (NYSEARCA:APIEGet Free Report) was the recipient of a large increase in short interest in 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. Based on an average daily trading volume, of 48,449 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.2% of the shares of the company are sold short.

ActivePassive International Equity ETF Price Performance

APIE stock opened at $37.96 on Monday. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 16.03 and a beta of 0.70. The business’s fifty day moving average price is $38.01 and its two-hundred day moving average price is $37.18. ActivePassive International Equity ETF has a fifty-two week low of $32.10 and a fifty-two week high of $39.19.

ActivePassive International Equity ETF Company Profile

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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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