Short Interest in Harbor Transformative Technologies ETF (NYSEARCA:TEC) Increases By 31.9%

Harbor Transformative Technologies ETF (NYSEARCA:TEC) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 7,414 shares, an increase of 31.9% from the December 15th total of 5,619 shares. Based on an average daily trading volume, of 451 shares, the short-interest ratio is currently 16.4 days. Approximately 3.4% of the shares of the stock are short sold. Approximately 3.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 451 shares, the short-interest ratio is currently 16.4 days.

Harbor Transformative Technologies ETF Price Performance

Shares of TEC stock opened at $28.29 on Friday. The stock’s 50 day simple moving average is $28.29 and its two-hundred day simple moving average is $27.30. The company has a market cap of $6.22 million, a PE ratio of -20.50 and a beta of 1.73. Harbor Transformative Technologies ETF has a 1 year low of $18.76 and a 1 year high of $29.91.

Hedge Funds Weigh In On Harbor Transformative Technologies ETF

A hedge fund recently bought a new stake in Harbor Transformative Technologies ETF stock. Envestnet Asset Management Inc. purchased a new position in shares of Harbor Transformative Technologies ETF (NYSEARCA:TEC) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 11,064 shares of the company’s stock, valued at approximately $278,000. Envestnet Asset Management Inc. owned about 5.53% of Harbor Transformative Technologies ETF at the end of the most recent quarter. Institutional investors and hedge funds own 5.98% of the company’s stock.

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.