Harbor Active Small Cap ETF (NYSEARCA:SMLL) Sees Large Decrease in Short Interest

Harbor Active Small Cap ETF (NYSEARCA:SMLL) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 2,539 shares, a decrease of 16.6% from the February 26th total of 3,045 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust purchased a new stake in Harbor Active Small Cap ETF during the fourth quarter valued at about $63,000. Archford Capital Strategies LLC increased its stake in Harbor Active Small Cap ETF by 57.7% during the third quarter. Archford Capital Strategies LLC now owns 215,597 shares of the company’s stock worth $4,596,000 after acquiring an additional 78,886 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of Harbor Active Small Cap ETF by 126.9% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 18,309 shares of the company’s stock worth $390,000 after purchasing an additional 10,239 shares during the period.

Harbor Active Small Cap ETF Stock Up 1.8%

Shares of SMLL opened at $19.00 on Wednesday. The firm has a market cap of $12.92 million, a PE ratio of 20.16 and a beta of 1.36. The company’s fifty day moving average is $19.86 and its two-hundred day moving average is $20.38. Harbor Active Small Cap ETF has a fifty-two week low of $17.81 and a fifty-two week high of $22.50.

Harbor Active Small Cap ETF Company Profile

The Harbor Active Small Cap ETF (SMLL) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is actively managed, investing in small capitalization companies in the US. The fund utilizes proprietary analysis to select firms that demonstrate strong cash flow and competitive advantages SMLL was launched on Aug 28, 2024 and is issued by Harbor.