Harbor Transformative Technologies ETF (NYSEARCA:TEC) Short Interest Down 75.1% in May

Harbor Transformative Technologies ETF (NYSEARCA:TEC) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 66 shares, a decline of 75.1% from the April 30th total of 265 shares. Based on an average trading volume of 414 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Harbor Transformative Technologies ETF Price Performance

Shares of Harbor Transformative Technologies ETF stock traded up $0.53 during trading on Friday, reaching $33.72. 162 shares of the company traded hands, compared to its average volume of 678. Harbor Transformative Technologies ETF has a 1-year low of $23.55 and a 1-year high of $33.72. The company has a 50 day moving average price of $29.08 and a 200-day moving average price of $28.26. The firm has a market capitalization of $7.42 million, a PE ratio of -24.43 and a beta of 1.73.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Harbor Transformative Technologies ETF stock. Envestnet Asset Management Inc. boosted its holdings in shares of Harbor Transformative Technologies ETF (NYSEARCA:TEC) by 37.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,217 shares of the company’s stock after buying an additional 4,153 shares during the period. Envestnet Asset Management Inc. owned approximately 6.92% of Harbor Transformative Technologies ETF worth $421,000 as of its most recent SEC filing. 5.98% of the stock is currently owned by hedge funds and other institutional investors.

About Harbor Transformative Technologies ETF

The Harbor Transformative Technologies ETF (TEC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that primarily invests in US companies of any size and sector the sub-adviser believes to have growth potential tied to transformative technologies. The fund seeks long-term capital growth. TEC was launched on Apr 16, 2025 and is issued by Harbor.