Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Sees Significant Increase in Short Interest

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 934 shares, a growth of 72.0% from the January 15th total of 543 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 1,257 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 1,257 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are short sold.

Harbor AlphaEdge Small Cap Earners ETF Stock Up 1.3%

Shares of EBIT stock traded up $0.48 on Friday, reaching $36.78. The company’s stock had a trading volume of 34,184 shares, compared to its average volume of 2,276. Harbor AlphaEdge Small Cap Earners ETF has a 12-month low of $26.03 and a 12-month high of $37.02. The company has a market capitalization of $10.30 million, a P/E ratio of 11.84 and a beta of 1.18. The stock’s 50 day simple moving average is $35.17 and its 200-day simple moving average is $34.05.

Institutional Trading of 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 grew its holdings in shares of 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 fund owned 37,311 shares of the company’s stock after acquiring 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 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.