Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Short Interest Down 77.3% in June

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 274 shares, a drop of 77.3% from the May 31st total of 1,207 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,179 shares, the days-to-cover ratio is currently 0.2 days.

Harbor AlphaEdge Small Cap Earners ETF Trading Up 0.9%

EBIT opened at $40.21 on Friday. The company has a fifty day moving average price of $38.06 and a two-hundred day moving average price of $36.34. Harbor AlphaEdge Small Cap Earners ETF has a 1-year low of $30.72 and a 1-year high of $40.21. The company has a market cap of $12.06 million, a P/E ratio of 11.84 and a beta of 0.87.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Harbor AlphaEdge Small Cap Earners ETF stock. Petros Family Wealth LLC grew its holdings in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) by 1.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 37,311 shares of the company’s stock after buying an additional 629 shares during the quarter. Petros Family Wealth LLC owned approximately 13.33% of Harbor AlphaEdge Small Cap Earners ETF worth $1,253,000 at the end of the most recent quarter.

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.