The BeeHive Fund (NASDAQ:BEEX) Sees Significant Decline in Short Interest

The BeeHive Fund (NASDAQ:BEEX) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 70 shares, a drop of 96.3% from the May 31st total of 1,899 shares. Based on an average daily volume of 3,975 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

The BeeHive Fund Trading Up 0.3%

Shares of NASDAQ:BEEX traded up $0.09 on Thursday, reaching $26.46. 93 shares of the company traded hands, compared to its average volume of 2,391. The stock has a market capitalization of $191.56 million, a P/E ratio of 25.27 and a beta of 0.86. The business’s 50-day simple moving average is $26.74 and its 200 day simple moving average is $25.92. The BeeHive Fund has a 52 week low of $23.60 and a 52 week high of $27.93.

About The BeeHive Fund

The Beehive ETF (BEEX) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, primarily investing in large- and mid-cap domestic equity securities. The fund targets companies with strong market positions to drive long-term capital growth BEEX was launched on Dec 14, 2024 and is issued by BeeHive.