Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) Short Interest Update
by Doug Wharley · The Cerbat GemHarbor Long-Short Equity ETF (NYSEARCA:LSEQ – Get Free Report) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 329 shares, a decrease of 96.0% from the August 15th total of 8,326 shares. Based on an average daily volume of 494 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.1% of the shares of the company are short sold.
Harbor Long-Short Equity ETF Trading Down 0.3%
Shares of NYSEARCA LSEQ traded down $0.12 during trading on Friday, reaching $33.94. 8,257 shares of the company traded hands, compared to its average volume of 3,342. The firm’s fifty day simple moving average is $34.27 and its 200 day simple moving average is $34.06. The stock has a market cap of $15.27 million, a P/E ratio of 24.11 and a beta of 0.31. Harbor Long-Short Equity ETF has a 12-month low of $26.50 and a 12-month high of $36.02.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Harbor Long-Short Equity ETF stock. Envestnet Asset Management Inc. acquired a new position in Harbor Long-Short Equity ETF (NYSEARCA:LSEQ – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,861 shares of the company’s stock, valued at approximately $334,000. Envestnet Asset Management Inc. owned approximately 1.69% of Harbor Long-Short Equity ETF at the end of the most recent quarter.
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.
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