ActivePassive International Equity ETF (NYSEARCA:APIE) Short Interest Down 72.6% in April

ActivePassive International Equity ETF (NYSEARCA:APIE) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 9,932 shares, a decline of 72.6% from the April 15th total of 36,212 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 40,307 shares, the days-to-cover ratio is presently 0.2 days.

ActivePassive International Equity ETF Price Performance

APIE stock traded up $0.17 during mid-day trading on Wednesday, reaching $38.07. 50,862 shares of the company traded hands, compared to its average volume of 56,049. The company has a market capitalization of $1.03 billion, a P/E ratio of 16.03 and a beta of 0.72. ActivePassive International Equity ETF has a 52-week low of $30.16 and a 52-week high of $39.06. The company has a fifty day moving average price of $36.55 and a 200-day moving average price of $36.66.

ActivePassive International Equity ETF Company Profile

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.