Short Interest in Harbor Transformative Technologies ETF (NYSEARCA:TEC) Decreases By 81.4%

Harbor Transformative Technologies ETF (NYSEARCA:TEC) was the target of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 16 shares, a drop of 81.4% from the February 12th total of 86 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 362 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 362 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On Harbor Transformative Technologies ETF

A hedge fund recently bought a new stake in Harbor Transformative Technologies ETF stock. Envestnet Asset Management Inc. bought a new position in Harbor Transformative Technologies ETF (NYSEARCA:TEC) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 11,064 shares of the company’s stock, valued at approximately $278,000. Envestnet Asset Management Inc. owned approximately 5.53% of Harbor Transformative Technologies ETF as of its most recent SEC filing. 5.98% of the stock is currently owned by institutional investors and hedge funds.

Harbor Transformative Technologies ETF Stock Down 0.2%

TEC stock traded down $0.05 during midday trading on Tuesday, hitting $27.12. The company’s stock had a trading volume of 347 shares, compared to its average volume of 731. The stock has a market cap of $5.97 million, a price-to-earnings ratio of -19.65 and a beta of 1.73. The stock’s 50-day moving average price is $27.61 and its 200 day moving average price is $27.80. Harbor Transformative Technologies ETF has a 1 year low of $18.76 and a 1 year high of $29.91.

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.