Harbor Commodity All-Weather Strategy ETF (NYSE:HGER) Short Interest Up 297.0% in August

Harbor Commodity All-Weather Strategy ETF (NYSE:HGER) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 585,273 shares, an increase of 297.0% from the August 15th total of 147,427 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 938,930 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On Harbor Commodity All-Weather Strategy ETF

A number of institutional investors have recently bought and sold shares of the company. Allworth Financial LP purchased a new stake in shares of Harbor Commodity All-Weather Strategy ETF in the 2nd quarter valued at approximately $39,000. Birchwood Financial Partners Inc. purchased a new stake in shares of Harbor Commodity All-Weather Strategy ETF during the 1st quarter valued at approximately $49,000. Litman Gregory Wealth Management LLC purchased a new stake in shares of Harbor Commodity All-Weather Strategy ETF during the 4th quarter valued at approximately $49,000. Continuum Advisory LLC acquired a new position in Harbor Commodity All-Weather Strategy ETF in the second quarter valued at approximately $72,000. Finally, NBH Bank acquired a new position in Harbor Commodity All-Weather Strategy ETF in the second quarter valued at approximately $73,000.

Harbor Commodity All-Weather Strategy ETF Trading Down 1.1%

NYSE HGER opened at $36.08 on Friday. Harbor Commodity All-Weather Strategy ETF has a 52 week low of $24.44 and a 52 week high of $36.48. The business’s fifty day simple moving average is $33.30 and its 200-day simple moving average is $31.70.

Harbor Commodity All-Weather Strategy ETF Company Profile

The Harbor All-Weather Inflation Focus ETF (HGER) is an exchange-traded fund that is based on the Quantix Inflation index. The fund tracks an index designed to provide broad exposure to inflation-sensitive commodities, selected and weighted based on fundamental and technical factors. The objective of the fund is to hedge inflation HGER was launched on Feb 9, 2022 and is managed by Harbor.