The BeeHive Fund (NASDAQ:BEEX) Sees Large Growth in Short Interest

The BeeHive Fund (NASDAQ:BEEX) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 27,967 shares, a growth of 208.9% from the June 30th total of 9,054 shares. Based on an average daily trading volume, of 4,074 shares, the short-interest ratio is presently 6.9 days. Approximately 0.4% of the shares of the company are sold short.

The BeeHive Fund Stock Performance

NASDAQ BEEX opened at $26.75 on Monday. The BeeHive Fund has a one year low of $23.60 and a one year high of $27.93. The stock has a 50-day moving average of $26.86 and a 200 day moving average of $26.06. The company has a market capitalization of $194.17 million, a price-to-earnings ratio of 25.27 and a beta of 0.88.

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.