Harbor International Compounders ETF (NYSEARCA:OSEA) Short Interest Up 699.8% in August

Harbor International Compounders ETF (NYSEARCA:OSEA) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 227,378 shares, a growth of 699.8% from the August 15th total of 28,430 shares. Based on an average daily trading volume, of 98,180 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.4% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Archford Capital Strategies LLC raised its holdings in shares of Harbor International Compounders ETF by 2.3% in the 2nd quarter. Archford Capital Strategies LLC now owns 268,505 shares of the company’s stock valued at $8,200,000 after purchasing an additional 6,074 shares in the last quarter. Corient Private Wealth LP boosted its stake in shares of Harbor International Compounders ETF by 83.9% during the second quarter. Corient Private Wealth LP now owns 610,542 shares of the company’s stock valued at $18,646,000 after purchasing an additional 278,544 shares in the last quarter. KWB Wealth increased its holdings in Harbor International Compounders ETF by 34.8% during the second quarter. KWB Wealth now owns 137,212 shares of the company’s stock valued at $4,190,000 after buying an additional 35,440 shares during the period. Segall Bryant & Hamill LLC purchased a new position in Harbor International Compounders ETF during the first quarter valued at approximately $1,385,000. Finally, Bank of America Corp DE raised its stake in Harbor International Compounders ETF by 10.3% in the first quarter. Bank of America Corp DE now owns 363,359 shares of the company’s stock worth $10,519,000 after buying an additional 33,985 shares in the last quarter.

Harbor International Compounders ETF Trading Up 0.4%

Shares of Harbor International Compounders ETF stock traded up $0.12 during trading on Friday, hitting $29.62. 87,065 shares of the stock traded hands, compared to its average volume of 82,941. The firm has a market cap of $470.37 million, a P/E ratio of 24.30 and a beta of 0.79. Harbor International Compounders ETF has a 52-week low of $27.94 and a 52-week high of $31.60. The stock’s fifty day simple moving average is $30.31 and its 200 day simple moving average is $30.20.

Harbor International Compounders ETF Company Profile

The Harbor International Compounders ETF (OSEA) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects international companies with sustainable growth based on positive fundamentals and ESG criteria. The fund targets compounders and excludes US firms in aim for long-term capital appreciation. OSEA was launched on Sep 6, 2022 and is managed by Harbor.