Short Interest in Harbor International Compounders ETF (NYSEARCA:OSEA) Drops By 37.6%

Harbor International Compounders ETF (NYSEARCA:OSEA) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 14,081 shares, a decline of 37.6% from the June 30th total of 22,570 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 58,013 shares, the short-interest ratio is currently 0.2 days.

Harbor International Compounders ETF Trading Up 2.2%

Shares of OSEA stock traded up $0.66 on Thursday, reaching $30.59. 59,088 shares of the stock were exchanged, compared to its average volume of 69,562. The company has a market capitalization of $485.77 million, a price-to-earnings ratio of 24.30 and a beta of 0.79. The business’s 50 day moving average price is $30.10 and its 200 day moving average price is $30.23. Harbor International Compounders ETF has a twelve month low of $27.94 and a twelve month high of $31.60.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Annex Advisory Services LLC raised its position in shares of Harbor International Compounders ETF by 8.4% during the 4th quarter. Annex Advisory Services LLC now owns 2,917,083 shares of the company’s stock worth $88,242,000 after acquiring an additional 225,974 shares in the last quarter. Diversified Enterprises LLC boosted its holdings in Harbor International Compounders ETF by 4.7% in the fourth quarter. Diversified Enterprises LLC now owns 2,653,732 shares of the company’s stock valued at $80,275,000 after purchasing an additional 120,270 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Harbor International Compounders ETF by 2.6% in the first quarter. PNC Financial Services Group Inc. now owns 856,740 shares of the company’s stock valued at $24,803,000 after purchasing an additional 21,517 shares in the last quarter. CPC Advisors LLC increased its stake in Harbor International Compounders ETF by 68.2% in the fourth quarter. CPC Advisors LLC now owns 97,606 shares of the company’s stock valued at $2,953,000 after purchasing an additional 39,586 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Harbor International Compounders ETF by 71.1% in the third quarter. JPMorgan Chase & Co. now owns 164,580 shares of the company’s stock valued at $4,867,000 after purchasing an additional 68,390 shares during the last quarter.

About Harbor International Compounders ETF

The Harbor International Compounders ETF (OSEA) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects international companies with sustainable growth based on positive fundamentals and ESG criteria. The fund targets compounders and excludes US firms in aim for long-term capital appreciation. OSEA was launched on Sep 6, 2022 and is managed by Harbor.