Short Interest in ActivePassive International Equity ETF (NYSEARCA:APIE) Expands By 193.6%

ActivePassive International Equity ETF (NYSEARCA:APIE) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 29,164 shares, an increase of 193.6% from the April 30th total of 9,932 shares. Based on an average daily volume of 67,496 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

ActivePassive International Equity ETF Trading Down 0.4%

NYSEARCA:APIE traded down $0.17 during midday trading on Friday, hitting $38.28. 28,420 shares of the stock were exchanged, compared to its average volume of 56,395. ActivePassive International Equity ETF has a one year low of $30.16 and a one year high of $39.06. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 16.03 and a beta of 0.72. The business has a 50-day moving average price of $36.99 and a two-hundred day moving average price of $36.83.

About ActivePassive International Equity ETF

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.