Short Interest in The BeeHive Fund (NASDAQ:BEEX) Increases By 126.6%

The BeeHive Fund (NASDAQ:BEEX) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 6,512 shares, a growth of 126.6% from the July 30th total of 2,874 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 13,801 shares, the days-to-cover ratio is currently 0.5 days.

The BeeHive Fund Trading Down 0.2%

Shares of BEEX traded down $0.05 during midday trading on Friday, hitting $28.14. The stock had a trading volume of 1,737 shares, compared to its average volume of 3,375. The BeeHive Fund has a fifty-two week low of $23.60 and a fifty-two week high of $28.47. The business has a 50-day simple moving average of $27.31 and a two-hundred day simple moving average of $26.35. The firm has a market cap of $205.14 million, a P/E ratio of 25.27 and a beta of 0.85.

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.