ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Short Interest Update

ActivePassive U.S. Equity ETF (NYSEARCA:APUE) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 69,145 shares, an increase of 1,383.2% from the June 15th total of 4,662 shares. Based on an average daily volume of 94,197 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On ActivePassive U.S. Equity ETF

Several institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC bought a new position in ActivePassive U.S. Equity ETF during the 1st quarter worth $58,000. JPMorgan Chase & Co. bought a new stake in ActivePassive U.S. Equity ETF in the third quarter valued at $154,000. Finally, Harbor Investment Advisory LLC acquired a new position in shares of ActivePassive U.S. Equity ETF during the second quarter valued at $176,000.

ActivePassive U.S. Equity ETF Stock Performance

Shares of ActivePassive U.S. Equity ETF stock traded up $0.14 during trading hours on Friday, reaching $46.57. The company’s stock had a trading volume of 81,349 shares, compared to its average volume of 134,077. The company’s 50 day simple moving average is $45.68 and its 200 day simple moving average is $43.24. ActivePassive U.S. Equity ETF has a one year low of $37.60 and a one year high of $46.64. The stock has a market cap of $2.57 billion, a P/E ratio of 23.42 and a beta of 1.00.

About ActivePassive U.S. Equity ETF

The ActivePassive U.S. Equity ETF (APUE) is an exchange-traded fund that is based on the CRSP US Large Cap index. The fund blends an active and passive management approach to build its portfolio. The fund aims to optimize costs, tracking and potentially produce higher returns by shifting exposure between active and passive investments in the broad US equity market APUE was launched on May 3, 2023 and is managed by Envestnet.