Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) Short Interest Up 217.2% in August

Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 8,326 shares, an increase of 217.2% from the July 30th total of 2,625 shares. Currently, 1.9% of the company’s stock are short sold. Based on an average trading volume of 3,723 shares, the short-interest ratio is presently 2.2 days.

Harbor Long-Short Equity ETF Stock Performance

Shares of Harbor Long-Short Equity ETF stock traded down $0.10 during trading hours on Friday, reaching $35.19. 226 shares of the company were exchanged, compared to its average volume of 3,440. The firm has a market cap of $15.84 million, a PE ratio of 24.11 and a beta of 0.31. Harbor Long-Short Equity ETF has a 1 year low of $26.50 and a 1 year high of $36.02. The stock’s fifty day moving average is $34.40 and its 200 day moving average is $33.87.

Institutional Investors Weigh In On Harbor Long-Short Equity ETF

A hedge fund recently bought a new position in Harbor Long-Short Equity ETF stock. Envestnet Asset Management Inc. purchased a new stake in Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 11,861 shares of the company’s stock, valued at approximately $334,000. Envestnet Asset Management Inc. owned approximately 1.69% of Harbor Long-Short Equity ETF at the end of the most recent reporting period.

Harbor Long-Short Equity ETF Company Profile

The Harbor Long-Short Equity ETF (LSEQ) is an exchange-traded fund that is based on the HFRX Equity Hedge index. The fund is actively managed, seeking long-term capital growth. The portfolio will generally be 40%-60% net long in equity securities, with the possibility of extending to 150% long LSEQ was launched on Dec 4, 2023 and is issued by Harbor.