Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Short Interest Up 197.4% in June

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 815 shares, an increase of 197.4% from the June 15th total of 274 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 626 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On Harbor AlphaEdge Small Cap Earners ETF

An institutional investor recently raised its position 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% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,311 shares of the company’s stock after buying 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 reporting period.

Harbor AlphaEdge Small Cap Earners ETF Stock Performance

EBIT stock remained flat at $39.66 during trading on Wednesday. 38 shares of the company traded hands, compared to its average volume of 1,211. The company has a market cap of $11.90 million, a PE ratio of 11.84 and a beta of 0.80. Harbor AlphaEdge Small Cap Earners ETF has a 1 year low of $30.72 and a 1 year high of $40.21. The company has a 50 day simple moving average of $38.52 and a 200-day simple moving average of $36.77.

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.