ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Sees Large Decline in Short Interest

ActivePassive U.S. Equity ETF (NYSEARCA:APUE) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 19,254 shares, a decrease of 75.6% from the September 30th total of 78,764 shares. Based on an average daily trading volume, of 89,348 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

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

A hedge fund recently bought a new stake in ActivePassive U.S. Equity ETF stock. Harbor Investment Advisory LLC purchased a new stake in shares of ActivePassive U.S. Equity ETF (NYSEARCA:APUE) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 3,809 shares of the company’s stock, valued at approximately $176,000.

ActivePassive U.S. Equity ETF Trading Down 1.9%

Shares of NYSEARCA:APUE traded down $0.89 during trading on Friday, hitting $46.64. 39,992 shares of the company’s stock traded hands, compared to its average volume of 120,266. The company has a 50-day moving average price of $47.33 and a 200-day moving average price of $44.82. ActivePassive U.S. Equity ETF has a 52 week low of $38.77 and a 52 week high of $48.17. The company has a market cap of $2.46 billion, a price-to-earnings ratio of 23.42 and a beta of 1.00.

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.