Harbor Transformative Technologies ETF (NYSEARCA:TEC) Short Interest Up 364.9% in April

Harbor Transformative Technologies ETF (NYSEARCA:TEC) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 265 shares, an increase of 364.9% from the April 15th total of 57 shares. Based on an average daily volume of 1,198 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Harbor Transformative Technologies ETF

A hedge fund recently raised its stake in Harbor Transformative Technologies ETF stock. Envestnet Asset Management Inc. increased its stake in Harbor Transformative Technologies ETF (NYSEARCA:TEC) by 37.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,217 shares of the company’s stock after acquiring an additional 4,153 shares during the period. Envestnet Asset Management Inc. owned approximately 6.92% of Harbor Transformative Technologies ETF worth $421,000 as of its most recent SEC filing. 5.98% of the stock is owned by institutional investors and hedge funds.

Harbor Transformative Technologies ETF Stock Down 1.2%

NYSEARCA:TEC traded down $0.38 on Friday, reaching $31.54. 325 shares of the company’s stock traded hands, compared to its average volume of 720. The stock has a 50-day simple moving average of $28.05 and a 200-day simple moving average of $28.06. The firm has a market cap of $6.94 million, a PE ratio of -22.86 and a beta of 1.65. Harbor Transformative Technologies ETF has a 12 month low of $23.19 and a 12 month high of $31.92.

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.