ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Stock Short Interest Falls 75.6%

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

Institutional Investors Weigh In On ActivePassive U.S. Equity ETF

A hedge fund recently bought a new stake in ActivePassive U.S. Equity ETF stock. Wedbush Securities Inc. acquired a new position in ActivePassive U.S. Equity ETF (NYSEARCA:APUE) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 85,392 shares of the company’s stock, valued at approximately $4,012,000. Wedbush Securities Inc. owned approximately 0.16% of ActivePassive U.S. Equity ETF at the end of the most recent reporting period.

ActivePassive U.S. Equity ETF Trading Down 0.5%

NYSEARCA APUE traded down $0.22 on Thursday, hitting $47.43. The company’s stock had a trading volume of 131,881 shares, compared to its average volume of 120,507. ActivePassive U.S. Equity ETF has a 52-week low of $38.77 and a 52-week high of $48.17. The company’s 50-day simple moving average is $47.33 and its 200 day simple moving average is $44.80. The firm has a market cap of $2.50 billion, a P/E 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.