Harbor Transformative Technologies ETF (NYSEARCA:TEC) Short Interest Up 72.7% in May

Harbor Transformative Technologies ETF (NYSEARCA:TEC) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 114 shares, a growth of 72.7% from the May 14th total of 66 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 268 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Harbor Transformative Technologies ETF stock. Envestnet Asset Management Inc. grew its holdings in Harbor Transformative Technologies ETF (NYSEARCA:TEC) by 37.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,217 shares of the company’s stock after buying an additional 4,153 shares during the quarter. Envestnet Asset Management Inc. owned approximately 6.92% of Harbor Transformative Technologies ETF worth $421,000 at the end of the most recent reporting period. 5.98% of the stock is currently owned by institutional investors.

Harbor Transformative Technologies ETF Stock Performance

Shares of TEC traded down $0.61 during mid-day trading on Tuesday, hitting $32.80. The company’s stock had a trading volume of 149 shares, compared to its average volume of 686. Harbor Transformative Technologies ETF has a one year low of $23.71 and a one year high of $34.39. The firm has a market capitalization of $7.22 million, a PE ratio of -23.77 and a beta of 1.65. The stock’s 50-day moving average is $30.90 and its two-hundred day moving average is $28.72.

Harbor Transformative Technologies ETF Company Profile

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.