Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Short Interest Update

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 1,207 shares, a decline of 67.7% from the May 14th total of 3,736 shares. Based on an average daily volume of 606 shares, the short-interest ratio is presently 2.0 days. Approximately 0.4% of the company’s stock are short sold.

Harbor AlphaEdge Small Cap Earners ETF Stock Up 1.0%

Shares of NYSEARCA EBIT traded up $0.39 during trading on Friday, reaching $39.44. 1,725 shares of the stock were exchanged, compared to its average volume of 1,315. The business’s 50-day moving average price is $37.46 and its 200 day moving average price is $35.99. Harbor AlphaEdge Small Cap Earners ETF has a twelve month low of $30.35 and a twelve month high of $39.62. The company has a market capitalization of $11.83 million, a price-to-earnings ratio of 11.84 and a beta of 0.87.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Harbor AlphaEdge Small Cap Earners ETF stock. Petros Family Wealth LLC lifted its position in shares of Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,311 shares of the company’s stock after purchasing an additional 629 shares during the period. Petros Family Wealth LLC owned about 13.33% of Harbor AlphaEdge Small Cap Earners ETF worth $1,253,000 as of its most recent SEC filing.

About Harbor AlphaEdge Small Cap Earners ETF

The Harbor AlphaEdge Small Cap Earners ETF (EBIT) is an exchange-traded fund that is based on the Harbor AlphaEdge Small Cap Earners index. The fund tracks an index comprised of small cap companies in the US selected and weighted according to their profitability. EBIT was launched on Jul 9, 2024 and is issued by Harbor.