Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) Short Interest Update

Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 329 shares, a decline of 96.0% from the August 15th total of 8,326 shares. Based on an average daily volume of 494 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Harbor Long-Short Equity ETF stock. Welch & Forbes LLC acquired a new stake in Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 14,016 shares of the company’s stock, valued at approximately $387,000. Welch & Forbes LLC owned about 2.98% of Harbor Long-Short Equity ETF at the end of the most recent reporting period.

Harbor Long-Short Equity ETF Stock Performance

LSEQ stock traded down $0.05 during trading on Friday, hitting $34.00. 75 shares of the company’s stock traded hands, compared to its average volume of 3,323. Harbor Long-Short Equity ETF has a 52 week low of $26.50 and a 52 week high of $36.02. The business has a fifty day simple moving average of $34.26 and a 200 day simple moving average of $34.06. The stock has a market capitalization of $15.30 million, a price-to-earnings ratio of 24.11 and a beta of 0.31.

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.