The BeeHive Fund (NASDAQ:BEEX) Sees Significant Increase in Short Interest

The BeeHive Fund (NASDAQ:BEEX – Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 3,965 shares, a growth of 331.0% from the September 30th total of 920 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 2,371 shares, the short-interest ratio is presently 1.7 days.

The BeeHive Fund Stock Up 0.4%

BEEX opened at $27.71 on Wednesday. The stock has a fifty day moving average of $27.62 and a 200-day moving average of $26.58. The firm has a market capitalization of $191.48 million, a P/E ratio of 25.27 and a beta of 0.86. The BeeHive Fund has a 12-month low of $23.60 and a 12-month high of $28.47.

About The BeeHive Fund

(Get Free Report)

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.

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