Harbor Transformative Technologies ETF (NYSEARCA:TEC) Short Interest Up 72.7% in May

Harbor Transformative Technologies ETF (NYSEARCA:TEC) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 114 shares, an increase of 72.7% from the May 14th total of 66 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 268 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Harbor Transformative Technologies ETF

A hedge fund recently raised its stake in Harbor Transformative Technologies ETF stock. Envestnet Asset Management Inc. raised its stake in shares of Harbor Transformative Technologies ETF (NYSEARCA:TEC) by 37.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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. Hedge funds and other institutional investors own 5.98% of the company’s stock.

Harbor Transformative Technologies ETF Stock Performance

Shares of Harbor Transformative Technologies ETF stock traded up $1.11 during trading hours on Monday, reaching $33.41. The company’s stock had a trading volume of 989 shares, compared to its average volume of 691. The company’s 50 day simple moving average is $30.61 and its 200 day simple moving average is $28.65. Harbor Transformative Technologies ETF has a one year low of $23.71 and a one year high of $34.39. The stock has a market cap of $7.35 million, a P/E ratio of -24.21 and a beta of 1.65.

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.