Harbor Transformative Technologies ETF (NYSEARCA:TEC) Sees Significant Growth in Short Interest

Harbor Transformative Technologies ETF (NYSEARCA:TEC) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 265 shares, an increase of 364.9% from the April 15th total of 57 shares. Based on an average daily trading volume, of 1,198 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Harbor Transformative Technologies ETF

A hedge fund recently raised its stake in Harbor Transformative Technologies ETF stock. Truist Financial Corp lifted its position in shares of Harbor Transformative Technologies ETF (NYSEARCA:TEC) by 37.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,217 shares of the company’s stock after buying an additional 4,153 shares during the quarter. Truist Financial Corp owned approximately 6.92% of Harbor Transformative Technologies ETF worth $421,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 5.98% of the company’s stock.

Harbor Transformative Technologies ETF Price Performance

NYSEARCA:TEC opened at $31.25 on Wednesday. The firm’s fifty day moving average price is $27.86 and its 200 day moving average price is $28.02. Harbor Transformative Technologies ETF has a 1-year low of $23.19 and a 1-year high of $31.58. The firm has a market cap of $6.88 million, a price-to-earnings ratio of -22.64 and a beta of 1.63.

About Harbor Transformative Technologies ETF

The Harbor Transformative Technologies ETF (TEC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that primarily invests in US companies of any size and sector the sub-adviser believes to have growth potential tied to transformative technologies. The fund seeks long-term capital growth. TEC was launched on Apr 16, 2025 and is issued by Harbor.