Short Interest in The BeeHive Fund (NASDAQ:BEEX) Declines By 89.7%

The BeeHive Fund (NASDAQ:BEEX) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 2,874 shares, a drop of 89.7% from the July 15th total of 27,967 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 3,239 shares, the days-to-cover ratio is currently 0.9 days.

The BeeHive Fund Stock Up 0.8%

Shares of NASDAQ BEEX opened at $28.25 on Friday. The business’s 50 day moving average is $27.02 and its two-hundred day moving average is $26.19. The company has a market cap of $205.98 million, a P/E ratio of 25.27 and a beta of 0.85. The BeeHive Fund has a 12 month low of $23.60 and a 12 month high of $28.17.

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.