Harbor Commodity All-Weather Strategy ETF (NYSE:HGER) Short Interest Up 297.0% in August

Harbor Commodity All-Weather Strategy ETF (NYSE:HGER) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 585,273 shares, a growth of 297.0% from the August 15th total of 147,427 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 938,930 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Harbor Commodity All-Weather Strategy ETF

Hedge funds have recently added to or reduced their stakes in the stock. Csenge Advisory Group increased its stake in shares of Harbor Commodity All-Weather Strategy ETF by 16.6% during the fourth quarter. Csenge Advisory Group now owns 347,836 shares of the company’s stock valued at $8,633,000 after acquiring an additional 49,499 shares during the period. OneAscent Financial Services LLC lifted its position in Harbor Commodity All-Weather Strategy ETF by 52.7% in the fourth quarter. OneAscent Financial Services LLC now owns 71,711 shares of the company’s stock worth $1,780,000 after purchasing an additional 24,735 shares during the period. Outlook Wealth Advisors LLC acquired a new stake in Harbor Commodity All-Weather Strategy ETF in the fourth quarter worth approximately $472,000. Stillwater Private Wealth LLC bought a new position in Harbor Commodity All-Weather Strategy ETF during the 1st quarter valued at $676,000. Finally, Avestar Capital LLC bought a new position in Harbor Commodity All-Weather Strategy ETF during the 4th quarter valued at $1,423,000.

Harbor Commodity All-Weather Strategy ETF Stock Down 1.1%

Shares of Harbor Commodity All-Weather Strategy ETF stock traded down $0.39 on Friday, reaching $36.08. 1,391,065 shares of the company were exchanged, compared to its average volume of 1,183,610. Harbor Commodity All-Weather Strategy ETF has a 1-year low of $24.44 and a 1-year high of $36.48. The company’s 50-day moving average is $33.30 and its two-hundred day moving average is $31.70.

Harbor Commodity All-Weather Strategy ETF Company Profile

The Harbor All-Weather Inflation Focus ETF (HGER) is an exchange-traded fund that is based on the Quantix Inflation index. The fund tracks an index designed to provide broad exposure to inflation-sensitive commodities, selected and weighted based on fundamental and technical factors. The objective of the fund is to hedge inflation HGER was launched on Feb 9, 2022 and is managed by Harbor.