Short Interest in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Grows By 37.3%

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 206 shares, a growth of 37.3% from the November 30th total of 150 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 1,453 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 1,453 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Harbor AlphaEdge Small Cap Earners ETF Stock Performance

Shares of EBIT stock traded down $0.10 on Tuesday, hitting $33.85. The company had a trading volume of 92 shares, compared to its average volume of 1,096. Harbor AlphaEdge Small Cap Earners ETF has a twelve month low of $26.03 and a twelve month high of $35.66. The firm has a market cap of $9.48 million, a P/E ratio of 11.84 and a beta of 1.18. The stock’s 50-day moving average is $33.88 and its two-hundred day moving average is $33.24.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Harbor AlphaEdge Small Cap Earners ETF stock. Petros Family Wealth LLC acquired a new stake in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 36,747 shares of the company’s stock, valued at approximately $1,152,000. Harbor AlphaEdge Small Cap Earners ETF comprises about 1.1% of Petros Family Wealth LLC’s investment portfolio, making the stock its 26th biggest position. Petros Family Wealth LLC owned approximately 12.25% of Harbor AlphaEdge Small Cap Earners ETF as of its most recent filing with the SEC.

Harbor AlphaEdge Small Cap Earners ETF Company Profile

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.