Harbor Long-Short Equity ETF (NYSEARCA:LSEQ – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 8,326 shares, a growth of 217.2% from the July 30th total of 2,625 shares. Based on an average daily volume of 3,723 shares, the short-interest ratio is currently 2.2 days. Currently, 1.9% of the shares of the company are sold short.
Harbor Long-Short Equity ETF Price Performance
Harbor Long-Short Equity ETF stock traded down $0.32 during midday trading on Friday, reaching $35.19. 226 shares of the company traded hands, compared to its average volume of 3,420. The firm has a market capitalization of $15.84 million, a price-to-earnings ratio of 24.11 and a beta of 0.31. The business has a 50 day moving average of $34.40 and a two-hundred day moving average of $33.88. Harbor Long-Short Equity ETF has a 12 month low of $26.50 and a 12 month high of $36.02.
Institutional Investors Weigh In On Harbor Long-Short Equity ETF
A hedge fund recently bought a new stake in Harbor Long-Short Equity ETF stock. Envestnet Asset Management Inc. acquired a new stake in shares of Harbor Long-Short Equity ETF (NYSEARCA:LSEQ – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,861 shares of the company’s stock, valued at approximately $334,000. Envestnet Asset Management Inc. owned about 1.69% of Harbor Long-Short Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Harbor Long-Short Equity ETF Company Profile
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.
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