Short Interest in Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) Decreases By 91.2%

Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 492 shares, a decrease of 91.2% from the May 31st total of 5,590 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 3,666 shares, the days-to-cover ratio is currently 0.1 days.

Harbor Long-Short Equity ETF Price Performance

NYSEARCA:LSEQ traded up $0.65 during mid-day trading on Thursday, reaching $35.81. The stock had a trading volume of 5 shares, compared to its average volume of 4,070. The company has a market capitalization of $16.11 million, a price-to-earnings ratio of 24.11 and a beta of 0.31. Harbor Long-Short Equity ETF has a 1-year low of $26.50 and a 1-year high of $36.02. The stock’s 50 day simple moving average is $34.53 and its two-hundred day simple moving average is $32.19.

Institutional Investors Weigh In On Harbor Long-Short Equity ETF

Institutional investors have recently made changes to their positions in the company. Welch & Forbes LLC acquired a new stake in shares of Harbor Long-Short Equity ETF during the 4th quarter valued at approximately $387,000. MassMutual Private Wealth & Trust FSB acquired a new position in Harbor Long-Short Equity ETF in the fourth quarter worth $387,000. Finally, Envestnet Asset Management Inc. bought a new stake in Harbor Long-Short Equity ETF during the third quarter valued at $334,000.

Harbor Long-Short Equity ETF Company Profile

The Harbor Long-Short Equity ETF (LSEQ) is an exchange-traded fund that is based on the HFRX Equity Hedge index. The fund is actively managed, seeking long-term capital growth. The portfolio will generally be 40%-60% net long in equity securities, with the possibility of extending to 150% long LSEQ was launched on Dec 4, 2023 and is issued by Harbor.