ActivePassive International Equity ETF (NYSEARCA:APIE) Stock Short Interest Climbs 3,294.1%

ActivePassive International Equity ETF (NYSEARCA:APIE) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 15,477 shares, a growth of 3,294.1% from the October 15th total of 456 shares. Based on an average trading volume of 43,222 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

ActivePassive International Equity ETF Stock Down 0.3%

APIE stock opened at $38.21 on Wednesday. The business has a 50 day moving average price of $38.59 and a 200 day moving average price of $38.07. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 15.94 and a beta of 0.70. ActivePassive International Equity ETF has a fifty-two week low of $34.00 and a fifty-two week high of $40.20.

Institutional Trading of ActivePassive International Equity ETF

An institutional investor recently bought a new stake in ActivePassive International Equity ETF stock. Wedbush Securities Inc. bought a new stake in ActivePassive International Equity ETF (NYSEARCA:APIE) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 47,466 shares of the company’s stock, valued at approximately $1,826,000. Wedbush Securities Inc. owned approximately 0.16% of ActivePassive International Equity ETF at the end of the most recent quarter.

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.