ActivePassive International Equity ETF (NYSEARCA:APIE) Short Interest Update

ActivePassive International Equity ETF (NYSEARCA:APIE) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 9,932 shares, a drop of 72.6% from the April 15th total of 36,212 shares. Based on an average daily trading volume, of 40,307 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

ActivePassive International Equity ETF Stock Down 2.4%

NYSEARCA APIE traded down $0.93 during trading hours on Friday, reaching $37.26. 53,348 shares of the company were exchanged, compared to its average volume of 56,430. ActivePassive International Equity ETF has a 1 year low of $30.16 and a 1 year high of $39.06. The business’s 50 day simple moving average is $36.59 and its 200-day simple moving average is $36.69. The stock has a market capitalization of $1.01 billion, a P/E ratio of 16.03 and a beta of 0.72.

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.