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

Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 300 shares, a drop of 72.7% from the August 31st total of 1,100 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Harbor Long-Short Equity ETF stock. Morgan Dempsey Capital Management LLC increased its stake in Harbor Long-Short Equity ETF (NYSEARCA:LSEQ) by 59.5% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,676 shares of the company’s stock after buying an additional 625 shares during the period. Morgan Dempsey Capital Management LLC owned 0.24% of Harbor Long-Short Equity ETF worth $47,000 as of its most recent filing with the Securities & Exchange Commission.

Harbor Long-Short Equity ETF Price Performance

Shares of LSEQ opened at $28.18 on Wednesday. The company has a market capitalization of $19.73 million, a P/E ratio of 24.11 and a beta of 0.46. Harbor Long-Short Equity ETF has a 1-year low of $26.55 and a 1-year high of $30.25. The firm’s 50 day simple moving average is $27.84 and its 200 day simple moving average is $28.18.

About Harbor Long-Short Equity ETF

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.