Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Short Interest Up 72.0% in January

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 934 shares, a growth of 72.0% from the January 15th total of 543 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 1,257 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 1,257 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the company’s stock are short sold.

Hedge Funds Weigh In On Harbor AlphaEdge Small Cap Earners ETF

A hedge fund recently raised its stake in Harbor AlphaEdge Small Cap Earners ETF stock. Petros Family Wealth LLC boosted its holdings in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,311 shares of the company’s stock after purchasing an additional 629 shares during the quarter. Petros Family Wealth LLC owned about 13.33% of Harbor AlphaEdge Small Cap Earners ETF worth $1,253,000 at the end of the most recent quarter.

Harbor AlphaEdge Small Cap Earners ETF Stock Performance

Shares of NYSEARCA:EBIT traded up $0.48 on Friday, hitting $36.78. 34,184 shares of the company’s stock were exchanged, compared to its average volume of 2,276. Harbor AlphaEdge Small Cap Earners ETF has a 1-year low of $26.03 and a 1-year high of $37.02. The company has a market capitalization of $10.30 million, a PE ratio of 11.84 and a beta of 1.18. The firm’s 50-day moving average is $35.17 and its 200 day moving average is $34.08.

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.