Harbor Health Care ETF (NYSEARCA:MEDI) Stock Short Interest Report for October

Harbor Health Care ETF (NYSEARCA:MEDI) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 8,577 shares, a growth of 64.3% from the September 30th total of 5,220 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 3,846 shares, the short-interest ratio is presently 2.2 days.

Institutional Investors Weigh In On Harbor Health Care ETF

An institutional investor recently bought a new position in Harbor Health Care ETF stock. Private Advisor Group LLC purchased a new stake in Harbor Health Care ETF (NYSEARCA:MEDI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,500 shares of the company’s stock, valued at approximately $220,000. Private Advisor Group LLC owned 0.81% of Harbor Health Care ETF at the end of the most recent reporting period.

Harbor Health Care ETF Trading Down 0.3%

NYSEARCA MEDI traded down $0.12 during trading on Monday, reaching $35.08. 393 shares of the company’s stock were exchanged, compared to its average volume of 6,819. The firm has a market capitalization of $45.60 million, a PE ratio of 35.66 and a beta of 0.68. Harbor Health Care ETF has a fifty-two week low of $27.50 and a fifty-two week high of $35.76. The company’s fifty day simple moving average is $33.43 and its 200-day simple moving average is $31.92.

About Harbor Health Care ETF

The Harbor Health Care ETF (MEDI) is an exchange-traded fund that is based on the Russell 3000 Growth Health Care index. The fund seeks long-term capital growth by actively managing a narrow portfolio of stocks engaged in the health care sector globally. MEDI was launched on Nov 16, 2022 and is managed by Harbor.