Short Interest in ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Rises By 201.6%

ActivePassive U.S. Equity ETF (NYSEARCA:APUE) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 44,636 shares, a growth of 201.6% from the April 15th total of 14,800 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 92,575 shares, the days-to-cover ratio is currently 0.5 days.

ActivePassive U.S. Equity ETF Price Performance

Shares of APUE traded up $0.30 during trading hours on Thursday, hitting $45.70. The stock had a trading volume of 153,304 shares, compared to its average volume of 119,835. ActivePassive U.S. Equity ETF has a 1-year low of $34.89 and a 1-year high of $45.82. The firm has a market capitalization of $2.49 billion, a P/E ratio of 23.42 and a beta of 1.00. The firm has a 50 day simple moving average of $42.19 and a 200-day simple moving average of $42.01.

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

An institutional investor recently bought a new position in ActivePassive U.S. Equity ETF stock. NewEdge Advisors LLC bought a new position in ActivePassive U.S. Equity ETF (NYSEARCA:APUE) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 1,696 shares of the company’s stock, valued at approximately $58,000.

About ActivePassive U.S. Equity ETF

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.