Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Sees Significant Decrease in Short Interest

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 274 shares, a decline of 77.3% from the May 31st total of 1,207 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 1,179 shares, the short-interest ratio is presently 0.2 days.

Harbor AlphaEdge Small Cap Earners ETF Trading Up 0.9%

Shares of Harbor AlphaEdge Small Cap Earners ETF stock opened at $40.21 on Friday. Harbor AlphaEdge Small Cap Earners ETF has a 12-month low of $30.72 and a 12-month high of $40.21. The company has a market cap of $12.06 million, a P/E ratio of 11.84 and a beta of 0.87. The company’s fifty day simple moving average is $38.06 and its two-hundred day simple moving average is $36.34.

Hedge Funds Weigh In On Harbor AlphaEdge Small Cap Earners ETF

An institutional investor recently raised its stake in Harbor AlphaEdge Small Cap Earners ETF stock. Petros Family Wealth LLC boosted its stake in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) by 1.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 37,311 shares of the company’s stock after buying an additional 629 shares during the period. Petros Family Wealth LLC owned 13.33% of Harbor AlphaEdge Small Cap Earners ETF worth $1,253,000 at the end of the most recent reporting period.

Harbor AlphaEdge Small Cap Earners ETF Company Profile

The Harbor AlphaEdge Small Cap Earners ETF (EBIT) is an exchange-traded fund that is based on the Harbor AlphaEdge Small Cap Earners index. The fund tracks an index comprised of small cap companies in the US selected and weighted according to their profitability. EBIT was launched on Jul 9, 2024 and is issued by Harbor.