The BeeHive Fund (NASDAQ:BEEX) Sees Large Decline in Short Interest
by Kim Johansen · The Markets DailyThe BeeHive Fund (NASDAQ:BEEX – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 920 shares, a drop of 52.2% from the September 15th total of 1,924 shares. Based on an average daily trading volume, of 37,323 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
The BeeHive Fund Trading Up 1.0%
Shares of BEEX stock traded up $0.27 during midday trading on Thursday, reaching $27.54. 1,251 shares of the stock were exchanged, compared to its average volume of 5,345. The BeeHive Fund has a 1 year low of $23.60 and a 1 year high of $28.47. The firm has a market cap of $190.29 million, a PE ratio of 25.27 and a beta of 0.86. The company’s 50 day moving average is $27.73 and its two-hundred day moving average is $26.94.
About The BeeHive Fund
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.
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