Short Interest in Harbor Multi Asset Explorers ETF (NYSEARCA:MAPP) Decreases By 46.2%

Harbor Multi Asset Explorers ETF (NYSEARCA:MAPP) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 298 shares, a drop of 46.2% from the April 15th total of 554 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 447 shares, the days-to-cover ratio is currently 0.7 days.

Harbor Multi Asset Explorers ETF Stock Down 1.4%

MAPP traded down $0.39 during midday trading on Friday, hitting $27.70. The company had a trading volume of 720 shares, compared to its average volume of 1,303. The stock’s 50 day moving average price is $26.90 and its 200 day moving average price is $26.80. Harbor Multi Asset Explorers ETF has a 52 week low of $23.53 and a 52 week high of $28.09. The company has a market capitalization of $11.08 million, a price-to-earnings ratio of -15.05 and a beta of 0.59.

About Harbor Multi Asset Explorers ETF

The Harbor Multi-Asset Explorer ETF (MAPP) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term total return and limited downside risk through an actively managed fund-of-funds. The fund shifts exposure to various asset classes globally through systematic and discretionary research of the business cycle. MAPP was launched on Sep 13, 2023 and is issued by Harbor.