Short Interest in Harbor Active Small Cap ETF (NYSEARCA:SMLL) Drops By 22.1%

Harbor Active Small Cap ETF (NYSEARCA:SMLL) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 893 shares, a decrease of 22.1% from the January 15th total of 1,146 shares. Based on an average trading volume of 2,276 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 2,276 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SMLL. Parkside Financial Bank & Trust acquired a new stake in Harbor Active Small Cap ETF in the 4th quarter valued at about $63,000. Steward Partners Investment Advisory LLC raised its position in Harbor Active Small Cap ETF by 126.9% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 18,309 shares of the company’s stock valued at $390,000 after purchasing an additional 10,239 shares during the last quarter. Finally, Archford Capital Strategies LLC boosted its stake in shares of Harbor Active Small Cap ETF by 57.7% during the third quarter. Archford Capital Strategies LLC now owns 215,597 shares of the company’s stock worth $4,596,000 after buying an additional 78,886 shares during the period.

Harbor Active Small Cap ETF Stock Up 1.0%

Shares of Harbor Active Small Cap ETF stock traded up $0.19 on Monday, hitting $19.99. 434 shares of the company were exchanged, compared to its average volume of 2,784. The company has a 50-day moving average price of $20.50 and a 200 day moving average price of $20.89. The stock has a market capitalization of $13.59 million, a price-to-earnings ratio of 20.16 and a beta of 1.36. Harbor Active Small Cap ETF has a 1-year low of $17.81 and a 1-year high of $23.54.

About Harbor Active Small Cap ETF

The Harbor Active Small Cap ETF (SMLL) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is actively managed, investing in small capitalization companies in the US. The fund utilizes proprietary analysis to select firms that demonstrate strong cash flow and competitive advantages SMLL was launched on Aug 28, 2024 and is issued by Harbor.