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

ActivePassive U.S. Equity ETF (NYSEARCA:APUE) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 36,115 shares, a growth of 109.6% from the August 15th total of 17,234 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 138,579 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of ActivePassive U.S. Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC grew its position in ActivePassive U.S. Equity ETF by 1,622.9% in the fourth quarter. NewEdge Advisors LLC now owns 29,221 shares of the company’s stock valued at $1,218,000 after purchasing an additional 27,525 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in ActivePassive U.S. Equity ETF during the third quarter worth about $154,000. Finally, Harbor Investment Advisory LLC acquired a new position in ActivePassive U.S. Equity ETF during the second quarter valued at approximately $176,000.

ActivePassive U.S. Equity ETF Stock Down 0.2%

Shares of NYSEARCA:APUE traded down $0.10 during midday trading on Monday, reaching $46.94. 29,797 shares of the company were exchanged, compared to its average volume of 124,541. The firm has a market cap of $2.46 billion, a PE ratio of 23.42 and a beta of 1.00. ActivePassive U.S. Equity ETF has a fifty-two week low of $38.77 and a fifty-two week high of $48.17. The stock has a fifty day simple moving average of $46.88 and a two-hundred day simple moving average of $44.74.

ActivePassive U.S. Equity ETF Company Profile

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.