Short Interest in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Rises By 23.4%

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 1,945 shares, a growth of 23.4% from the February 12th total of 1,576 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 1,298 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily trading volume, of 1,298 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.7% of the company’s stock are short sold.

Hedge Funds Weigh In On Harbor AlphaEdge Small Cap Earners ETF

An institutional investor recently raised its position in Harbor AlphaEdge Small Cap Earners ETF stock. Petros Family Wealth LLC raised its holdings in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) by 1.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,311 shares of the company’s stock after purchasing an additional 629 shares during the quarter. Petros Family Wealth LLC owned 13.33% of Harbor AlphaEdge Small Cap Earners ETF worth $1,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Harbor AlphaEdge Small Cap Earners ETF Price Performance

Shares of NYSEARCA EBIT traded up $0.44 during trading on Tuesday, hitting $35.00. The stock had a trading volume of 995 shares, compared to its average volume of 1,761. The firm has a fifty day moving average of $35.82 and a two-hundred day moving average of $34.57. The company has a market capitalization of $9.80 million, a PE ratio of 11.84 and a beta of 1.18. Harbor AlphaEdge Small Cap Earners ETF has a 12 month low of $26.03 and a 12 month high of $37.04.

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.