ActivePassive International Equity ETF (NYSEARCA:APIE) Short Interest Update

ActivePassive International Equity ETF (NYSEARCA:APIE) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 17,357 shares, a decrease of 53.2% from the July 30th total of 37,088 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 47,778 shares, the short-interest ratio is presently 0.4 days.

ActivePassive International Equity ETF Stock Down 0.4%

APIE stock traded down $0.16 during trading on Monday, reaching $39.29. The company’s stock had a trading volume of 75,128 shares, compared to its average volume of 65,696. The company’s fifty day moving average is $38.94 and its 200-day moving average is $37.91. The company has a market capitalization of $1.15 billion, a P/E ratio of 16.03 and a beta of 0.69. ActivePassive International Equity ETF has a 1 year low of $33.59 and a 1 year high of $40.20.

Institutional Trading of ActivePassive International Equity ETF

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

About ActivePassive International Equity ETF

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.