ActivePassive International Equity ETF (NYSEARCA:APIE) Short Interest Up 64.3% in August

ActivePassive International Equity ETF (NYSEARCA:APIE) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 28,521 shares, a growth of 64.3% from the August 15th total of 17,357 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 72,036 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of ActivePassive International Equity ETF

A hedge fund recently bought a new stake in ActivePassive International Equity ETF stock. Harbor Investment Advisory LLC bought a new stake in ActivePassive International Equity ETF (NYSEARCA:APIE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,624 shares of the company’s stock, valued at approximately $63,000.

ActivePassive International Equity ETF Price Performance

Shares of ActivePassive International Equity ETF stock opened at $38.59 on Thursday. ActivePassive International Equity ETF has a 1 year low of $34.00 and a 1 year high of $40.20. The company has a market capitalization of $1.13 billion, a P/E ratio of 16.03 and a beta of 0.69. The business has a 50 day moving average price of $39.15 and a 200 day moving average price of $37.97.

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.