Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) Sees Significant Growth in Short Interest

Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 2,625 shares, a growth of 275.5% from the July 15th total of 699 shares. Based on an average trading volume of 1,312 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.6% of the company’s stock are sold short.

Harbor Long-Short Equity ETF Trading Down 0.4%

NYSEARCA:LSEQ opened at $33.74 on Thursday. Harbor Long-Short Equity ETF has a 12-month low of $26.50 and a 12-month high of $36.02. The firm has a market cap of $15.18 million, a PE ratio of 24.11 and a beta of 0.31. The stock has a fifty day moving average price of $34.45 and a 200 day moving average price of $33.58.

Institutional Trading of Harbor Long-Short Equity ETF

A hedge fund recently bought a new stake in Harbor Long-Short Equity ETF stock. Welch & Forbes LLC acquired a new stake in Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 14,016 shares of the company’s stock, valued at approximately $387,000. Welch & Forbes LLC owned about 2.98% of Harbor Long-Short Equity ETF at the end of the most recent quarter.

About Harbor Long-Short Equity ETF

The Harbor Long-Short Equity ETF (LSEQ) is an exchange-traded fund that is based on the HFRX Equity Hedge index. The fund is actively managed, seeking long-term capital growth. The portfolio will generally be 40%-60% net long in equity securities, with the possibility of extending to 150% long LSEQ was launched on Dec 4, 2023 and is issued by Harbor.