Short Interest in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Drops By 67.7%

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 1,207 shares, a drop of 67.7% from the May 14th total of 3,736 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 606 shares, the short-interest ratio is presently 2.0 days.

Harbor AlphaEdge Small Cap Earners ETF Trading Down 0.0%

NYSEARCA:EBIT opened at $38.41 on Thursday. Harbor AlphaEdge Small Cap Earners ETF has a 12 month low of $30.35 and a 12 month high of $38.78. The company has a market cap of $11.52 million, a PE ratio of 11.84 and a beta of 0.87. The company has a 50 day simple moving average of $37.29 and a two-hundred day simple moving average of $35.92.

Institutional Investors 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 stake in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,311 shares of the company’s stock after purchasing an additional 629 shares during the period. Petros Family Wealth LLC owned approximately 13.33% of Harbor AlphaEdge Small Cap Earners ETF worth $1,253,000 at the end of the most recent quarter.

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.