Short Interest in Harbor Transformative Technologies ETF (NYSEARCA:TEC) Declines By 98.8%

Harbor Transformative Technologies ETF (NYSEARCA:TEC) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 87 shares, a drop of 98.8% from the December 31st total of 7,414 shares. Based on an average daily trading volume, of 297 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 297 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Harbor Transformative Technologies ETF stock. Envestnet Asset Management Inc. purchased a new stake in Harbor Transformative Technologies ETF (NYSEARCA:TEC) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 11,064 shares of the company’s stock, valued at approximately $278,000. Envestnet Asset Management Inc. owned 5.53% of Harbor Transformative Technologies ETF as of its most recent filing with the SEC. Institutional investors own 5.98% of the company’s stock.

Harbor Transformative Technologies ETF Stock Up 1.1%

Shares of TEC stock traded up $0.31 during mid-day trading on Wednesday, hitting $28.60. 111 shares of the stock were exchanged, compared to its average volume of 248. Harbor Transformative Technologies ETF has a 52-week low of $18.76 and a 52-week high of $29.91. The company has a market cap of $6.29 million, a PE ratio of -20.72 and a beta of 1.73. The firm has a fifty day moving average of $28.27 and a 200 day moving average of $27.46.

About Harbor Transformative Technologies ETF

The Harbor Transformative Technologies ETF (TEC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that primarily invests in US companies of any size and sector the sub-adviser believes to have growth potential tied to transformative technologies. The fund seeks long-term capital growth. TEC was launched on Apr 16, 2025 and is issued by Harbor.