Short Interest in The BeeHive Fund (NASDAQ:BEEX) Expands By 126.6%

The BeeHive Fund (NASDAQ:BEEX) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 6,512 shares, a growth of 126.6% from the July 30th total of 2,874 shares. Based on an average daily trading volume, of 13,801 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

The BeeHive Fund Price Performance

NASDAQ BEEX traded down $0.05 during trading on Friday, reaching $28.14. The company’s stock had a trading volume of 1,737 shares, compared to its average volume of 3,375. The firm has a fifty day moving average of $27.31 and a 200 day moving average of $26.35. The BeeHive Fund has a one year low of $23.60 and a one year high of $28.47. The stock has a market capitalization of $205.14 million, a PE ratio of 25.27 and a beta of 0.85.

The BeeHive Fund Company Profile

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.