Harbor Transformative Technologies ETF (NYSEARCA:TEC) Short Interest Up 72.7% in May

Harbor Transformative Technologies ETF (NYSEARCA:TEC) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 114 shares, a growth of 72.7% from the May 14th total of 66 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 268 shares, the days-to-cover ratio is presently 0.4 days.

Harbor Transformative Technologies ETF Trading Up 3.4%

NYSEARCA TEC traded up $1.11 during trading on Monday, reaching $33.41. The company’s stock had a trading volume of 989 shares, compared to its average volume of 691. The stock has a market capitalization of $7.35 million, a PE ratio of -24.21 and a beta of 1.65. The business has a 50-day moving average price of $30.61 and a 200-day moving average price of $28.65. Harbor Transformative Technologies ETF has a 1-year low of $23.71 and a 1-year high of $34.39.

Institutional Trading of Harbor Transformative Technologies ETF

A hedge fund recently raised its stake in Harbor Transformative Technologies ETF stock. Envestnet Asset Management Inc. raised its holdings in Harbor Transformative Technologies ETF (NYSEARCA:TEC) by 37.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,217 shares of the company’s stock after acquiring an additional 4,153 shares during the quarter. Envestnet Asset Management Inc. owned about 6.92% of Harbor Transformative Technologies ETF worth $421,000 at the end of the most recent quarter. 5.98% of the stock is owned by institutional investors.

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.