Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Sees Significant Increase in Short Interest

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 934 shares, a growth of 72.0% from the January 15th total of 543 shares. Based on an average daily volume of 1,257 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 1,257 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of Harbor AlphaEdge Small Cap Earners ETF

A hedge fund recently raised its stake in Harbor AlphaEdge Small Cap Earners ETF stock. Petros Family Wealth LLC boosted its stake in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,311 shares of the company’s stock after purchasing an additional 629 shares during the quarter. Petros Family Wealth LLC owned about 13.33% of Harbor AlphaEdge Small Cap Earners ETF worth $1,253,000 as of its most recent SEC filing.

Harbor AlphaEdge Small Cap Earners ETF Stock Performance

Shares of Harbor AlphaEdge Small Cap Earners ETF stock traded up $0.48 on Friday, hitting $36.78. 34,184 shares of the company traded hands, compared to its average volume of 2,276. Harbor AlphaEdge Small Cap Earners ETF has a 52 week low of $26.03 and a 52 week high of $37.02. The business has a 50-day simple moving average of $35.17 and a 200 day simple moving average of $34.05. The stock has a market capitalization of $10.30 million, a P/E ratio of 11.84 and a beta of 1.18.

About Harbor AlphaEdge Small Cap Earners ETF

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.