ActivePassive U.S. Equity ETF (NYSEARCA:APUE) Sees Significant Increase in Short Interest

ActivePassive U.S. Equity ETF (NYSEARCA:APUE) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 36,115 shares, an increase of 109.6% from the August 15th total of 17,234 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 138,579 shares, the short-interest ratio is currently 0.3 days.

ActivePassive U.S. Equity ETF Price Performance

Shares of NYSEARCA:APUE traded down $0.23 during trading on Tuesday, reaching $46.65. The stock had a trading volume of 49,609 shares, compared to its average volume of 124,462. ActivePassive U.S. Equity ETF has a 52 week low of $38.77 and a 52 week high of $48.17. The business’s 50-day moving average price is $46.89 and its 200 day moving average price is $44.78. The stock has a market capitalization of $2.45 billion, a PE ratio of 23.42 and a beta of 1.00.

Hedge Funds Weigh In On ActivePassive U.S. Equity ETF

An institutional investor recently bought a new position in ActivePassive U.S. Equity ETF stock. Harbor Investment Advisory LLC acquired a new position in ActivePassive U.S. Equity ETF (NYSEARCA:APUE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,809 shares of the company’s stock, valued at approximately $176,000.

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.