Harbor Health Care ETF (NYSEARCA:MEDI) Short Interest Up 814.1% in December

Harbor Health Care ETF (NYSEARCA:MEDI) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 19,343 shares, a growth of 814.1% from the November 30th total of 2,116 shares. Approximately 2.8% of the shares of the stock are sold short. Based on an average daily volume of 8,267 shares, the short-interest ratio is presently 2.3 days. Based on an average daily volume of 8,267 shares, the short-interest ratio is presently 2.3 days. Approximately 2.8% of the shares of the stock are sold short.

Harbor Health Care ETF Stock Up 0.7%

NYSEARCA:MEDI opened at $31.93 on Friday. Harbor Health Care ETF has a 52-week low of $21.86 and a 52-week high of $33.08. The stock has a fifty day simple moving average of $31.07 and a 200-day simple moving average of $28.76. The company has a market capitalization of $22.35 million, a PE ratio of 35.66 and a beta of 0.75.

Institutional Trading of Harbor Health Care ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC increased its stake in shares of Harbor Health Care ETF by 3.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 207,933 shares of the company’s stock worth $5,940,000 after purchasing an additional 7,099 shares in the last quarter. Synovus Financial Corp purchased a new stake in Harbor Health Care ETF in the 3rd quarter valued at approximately $1,258,000. Citadel Advisors LLC acquired a new stake in Harbor Health Care ETF during the 3rd quarter valued at $462,000. Finally, Susquehanna International Group LLP acquired a new stake in Harbor Health Care ETF during the 3rd quarter valued at $263,000.

About Harbor Health Care ETF

The Harbor Health Care ETF (MEDI) is an exchange-traded fund that is based on the Russell 3000 Growth Health Care index. The fund seeks long-term capital growth by actively managing a narrow portfolio of stocks engaged in the health care sector globally. MEDI was launched on Nov 16, 2022 and is managed by Harbor.