Short Interest in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Grows By 98.1%

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 408 shares, a growth of 98.1% from the December 15th total of 206 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 628 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 628 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Harbor AlphaEdge Small Cap Earners ETF

An institutional investor recently bought a new position in Harbor AlphaEdge Small Cap Earners ETF stock. Petros Family Wealth LLC purchased a new position in shares of Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,747 shares of the company’s stock, valued at approximately $1,152,000. Harbor AlphaEdge Small Cap Earners ETF makes up about 1.1% of Petros Family Wealth LLC’s portfolio, making the stock its 26th biggest holding. Petros Family Wealth LLC owned 12.25% of Harbor AlphaEdge Small Cap Earners ETF at the end of the most recent reporting period.

Harbor AlphaEdge Small Cap Earners ETF Stock Performance

EBIT traded down $0.23 on Friday, hitting $35.63. 2,448 shares of the company were exchanged, compared to its average volume of 1,186. The stock’s fifty day moving average is $34.19 and its 200-day moving average is $33.55. Harbor AlphaEdge Small Cap Earners ETF has a 12 month low of $26.03 and a 12 month high of $35.98. The company has a market cap of $9.98 million, a PE ratio of 11.84 and a beta of 1.18.

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.