Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Stock Short Interest Falls 87.8%

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT – Get Free Report) was the target of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 1,084 shares, a decrease of 87.8% from the October 15th total of 8,857 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 282 shares, the short-interest ratio is presently 3.8 days.

Harbor AlphaEdge Small Cap Earners ETF Stock Performance

Shares of NYSEARCA:EBIT traded up $0.07 during midday trading on Friday, hitting $38.43. The company’s stock had a trading volume of 1,044 shares, compared to its average volume of 930. The stock’s 50 day simple moving average is $38.65 and its 200 day simple moving average is $38.05. The stock has a market capitalization of $12.30 million, a price-to-earnings ratio of 12.66 and a beta of 0.79. Harbor AlphaEdge Small Cap Earners ETF has a fifty-two week low of $31.92 and a fifty-two week high of $40.99.

Institutional Investors Weigh In On Harbor AlphaEdge Small Cap Earners ETF

Hedge funds have recently modified their holdings of the business. Citadel Advisors LLC grew its holdings in shares of Harbor AlphaEdge Small Cap Earners ETF by 10.1% during the 2nd quarter. Citadel Advisors LLC now owns 19,153 shares of the company’s stock worth $767,000 after purchasing an additional 1,762 shares in the last quarter. Harbour Investments Inc. bought a new stake in shares of Harbor AlphaEdge Small Cap Earners ETF during the third quarter valued at approximately $28,000. Finally, Petros Family Wealth LLC raised its stake in shares of Harbor AlphaEdge Small Cap Earners ETF by 1.2% in the third quarter. Petros Family Wealth LLC now owns 45,902 shares of the company’s stock valued at $1,722,000 after purchasing an additional 542 shares in the last quarter.

About Harbor AlphaEdge Small Cap Earners ETF

(Get Free Report)

The Harbor AlphaEdge Small Cap Earners ETF (EBIT) is an exchange-traded fund that is based on the Harbor AlphaEdge Small Cap Earners index. The fund tracks an index comprised of small cap companies in the US selected and weighted according to their profitability. EBIT was launched on Jul 9, 2024 and is issued by Harbor.

Further Reading

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