Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) Short Interest Update

Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 3,736 shares, an increase of 362.4% from the April 30th total of 808 shares. Based on an average daily volume of 1,665 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.2% of the company’s stock are sold short.

Harbor AlphaEdge Small Cap Earners ETF Price Performance

Shares of EBIT stock opened at $37.87 on Friday. Harbor AlphaEdge Small Cap Earners ETF has a 1-year low of $29.80 and a 1-year high of $38.16. The stock’s 50-day moving average is $36.70 and its 200 day moving average is $35.59. The company has a market cap of $11.36 million, a P/E ratio of 11.84 and a beta of 0.93.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Harbor AlphaEdge Small Cap Earners ETF stock. Petros Family Wealth LLC increased its position in shares of Harbor AlphaEdge Small Cap Earners ETF (NYSEARCA:EBIT) by 13.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,415 shares of the company’s stock after acquiring an additional 5,104 shares during the quarter. Petros Family Wealth LLC owned about 13.25% of Harbor AlphaEdge Small Cap Earners ETF worth $1,488,000 as of its most recent SEC filing.

About Harbor AlphaEdge Small Cap Earners ETF

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.