Short Interest in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Rises By 70.8%

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 1,392 shares, a growth of 70.8% from the June 30th total of 815 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 554 shares, the short-interest ratio is currently 2.5 days.

Harbor AlphaEdge Small Cap Earners ETF Stock Performance

Shares of EBIT stock opened at $40.00 on Friday. The stock’s fifty day moving average price is $39.17 and its two-hundred day moving average price is $37.26. The company has a market cap of $12 million, a PE ratio of 11.84 and a beta of 0.80. Harbor AlphaEdge Small Cap Earners ETF has a fifty-two week low of $30.72 and a fifty-two week high of $40.48.

Institutional Investors Weigh In On Harbor AlphaEdge Small Cap Earners ETF

A hedge fund 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 13.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,415 shares of the company’s stock after purchasing an additional 5,104 shares during the period. Petros Family Wealth LLC owned about 13.25% of Harbor AlphaEdge Small Cap Earners ETF worth $1,488,000 as of its most recent filing with the Securities and Exchange Commission.

Harbor AlphaEdge Small Cap Earners ETF Company Profile

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.