Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) Stock Short Interest Rises 11,374.6%

Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 6,770 shares, an increase of 11,374.6% from the September 15th total of 59 shares. Approximately 1.4% of the company’s stock are sold short. Based on an average daily trading volume, of 1,940 shares, the short-interest ratio is presently 3.5 days.

Harbor Long-Short Equity ETF Stock Performance

LSEQ stock opened at $34.20 on Friday. The stock’s 50 day simple moving average is $34.07 and its 200 day simple moving average is $34.23. The company has a market cap of $16.07 million, a P/E ratio of 24.11 and a beta of 0.33. Harbor Long-Short Equity ETF has a fifty-two week low of $27.31 and a fifty-two week high of $36.02.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Harbor Long-Short Equity ETF stock. Envestnet Asset Management Inc. bought a new position in shares of Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,737 shares of the company’s stock, valued at approximately $204,000. Envestnet Asset Management Inc. owned approximately 1.22% 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.