Harbor Transformative Technologies ETF (NYSEARCA:TEC) Sees Significant Decline in Short Interest

Harbor Transformative Technologies ETF (NYSEARCA:TEC) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 66 shares, a decrease of 75.1% from the April 30th total of 265 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 414 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Harbor Transformative Technologies ETF

An institutional investor recently raised its position in Harbor Transformative Technologies ETF stock. Envestnet Asset Management Inc. boosted its stake in shares of Harbor Transformative Technologies ETF (NYSEARCA:TEC) by 37.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm 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 as of its most recent SEC filing. Hedge funds and other institutional investors own 5.98% of the company’s stock.

Harbor Transformative Technologies ETF Stock Up 1.6%

TEC traded up $0.53 during trading on Friday, hitting $33.72. 162 shares of the company traded hands, compared to its average volume of 678. The firm has a market cap of $7.42 million, a P/E ratio of -24.43 and a beta of 1.73. The stock’s fifty day moving average is $29.22 and its 200 day moving average is $28.29. Harbor Transformative Technologies ETF has a one year low of $23.55 and a one year high of $33.72.

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.