Harbor Health Care ETF (NYSEARCA:MEDI) Short Interest Down 33.3% in December

Harbor Health Care ETF (NYSEARCA:MEDIGet Free Report) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 12,911 shares, a decline of 33.3% from the December 15th total of 19,343 shares. Based on an average trading volume of 10,258 shares, the short-interest ratio is currently 1.3 days. Approximately 1.6% of the company’s stock are sold short. Approximately 1.6% of the company’s stock are sold short. Based on an average trading volume of 10,258 shares, the short-interest ratio is currently 1.3 days.

Institutional Investors Weigh In On Harbor Health Care ETF

Several large investors have recently bought and sold shares of the business. Susquehanna International Group LLP purchased a new position in Harbor Health Care ETF in the 3rd quarter worth about $263,000. Citadel Advisors LLC purchased a new stake in shares of Harbor Health Care ETF during the 3rd quarter valued at about $462,000. Synovus Financial Corp purchased a new stake in Harbor Health Care ETF in the third quarter worth approximately $1,258,000. Finally, Commonwealth Equity Services LLC grew its position in Harbor Health Care ETF by 3.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 207,933 shares of the company’s stock worth $5,940,000 after purchasing an additional 7,099 shares during the period.

Harbor Health Care ETF Trading Down 1.3%

MEDI traded down $0.40 during trading on Friday, hitting $31.47. 7,186 shares of the company’s stock traded hands, compared to its average volume of 10,881. The stock has a market capitalization of $25.81 million, a price-to-earnings ratio of 35.66 and a beta of 0.75. The company’s 50 day simple moving average is $31.65 and its two-hundred day simple moving average is $29.36. Harbor Health Care ETF has a 12-month low of $21.86 and a 12-month high of $33.08.

Harbor Health Care ETF Company Profile

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The Harbor Health Care ETF (MEDI) is an exchange-traded fund that is based on the Russell 3000 Growth Health Care index. The fund seeks long-term capital growth by actively managing a narrow portfolio of stocks engaged in the health care sector globally. MEDI was launched on Nov 16, 2022 and is managed by Harbor.

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