ActivePassive International Equity ETF (NYSEARCA:APIE) Short Interest Up 81.8% in January

ActivePassive International Equity ETF (NYSEARCA:APIE) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 11,913 shares, a growth of 81.8% from the January 15th total of 6,552 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 55,392 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 55,392 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On ActivePassive International Equity ETF

An institutional investor recently raised its position in ActivePassive International Equity ETF stock. Wedbush Securities Inc. increased its stake in shares of ActivePassive International Equity ETF (NYSEARCA:APIE) by 33.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 45,843 shares of the company’s stock after acquiring an additional 11,559 shares during the quarter. Wedbush Securities Inc. owned about 0.18% of ActivePassive International Equity ETF worth $1,527,000 at the end of the most recent quarter.

ActivePassive International Equity ETF Price Performance

ActivePassive International Equity ETF stock traded down $0.17 during mid-day trading on Friday, hitting $38.32. The company’s stock had a trading volume of 59,746 shares, compared to its average volume of 55,492. The business has a 50 day moving average price of $36.86 and a 200-day moving average price of $35.74. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 16.03 and a beta of 0.68. ActivePassive International Equity ETF has a 12 month low of $26.18 and a 12 month high of $38.96.

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.