Short Interest in Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Rises By 197.4%

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 815 shares, an increase of 197.4% from the June 15th total of 274 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 626 shares, the days-to-cover ratio is presently 1.3 days.

Harbor AlphaEdge Small Cap Earners ETF Price Performance

Shares of NYSEARCA EBIT remained flat at $39.59 during midday trading on Monday. 117 shares of the stock traded hands, compared to its average volume of 1,220. Harbor AlphaEdge Small Cap Earners ETF has a 12-month low of $30.72 and a 12-month high of $40.21. The stock has a market capitalization of $11.88 million, a PE ratio of 11.84 and a beta of 0.80. The company has a 50-day moving average price of $38.46 and a two-hundred day moving average price of $36.69.

Hedge Funds Weigh In On Harbor AlphaEdge Small Cap Earners ETF

A hedge fund recently raised its position in Harbor AlphaEdge Small Cap Earners ETF stock. Petros Family Wealth LLC raised its stake in shares of Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) by 13.7% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 42,415 shares of the company’s stock after purchasing an additional 5,104 shares during the period. Petros Family Wealth LLC owned 13.25% of Harbor AlphaEdge Small Cap Earners ETF worth $1,488,000 as of its most recent SEC filing.

Harbor AlphaEdge Small Cap Earners ETF Company Profile

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.