Harbor Transformative Technologies ETF (NYSEARCA:TEC) Sees Large Decline in Short Interest

Harbor Transformative Technologies ETF (NYSEARCA:TEC) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 61 shares, a decrease of 70.4% from the July 15th total of 206 shares. Based on an average daily trading volume, of 223 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Harbor Transformative Technologies ETF stock. Envestnet Asset Management Inc. grew its position in shares of Harbor Transformative Technologies ETF (NYSEARCA:TEC) by 37.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,217 shares of the company’s stock after purchasing an additional 4,153 shares during the period. Envestnet Asset Management Inc. owned approximately 6.92% of Harbor Transformative Technologies ETF worth $421,000 at the end of the most recent quarter. Institutional investors and hedge funds own 5.98% of the company’s stock.

Harbor Transformative Technologies ETF Trading Down 0.8%

Shares of TEC stock traded down $0.28 during trading hours on Friday, reaching $34.15. The stock had a trading volume of 310 shares, compared to its average volume of 624. The stock’s fifty day simple moving average is $32.62 and its 200 day simple moving average is $30.01. The firm has a market capitalization of $6.83 million, a PE ratio of -24.75 and a beta of 1.68. Harbor Transformative Technologies ETF has a 12 month low of $24.54 and a 12 month high of $34.43.

Harbor Transformative Technologies ETF Company Profile

The Harbor Transformative Technologies ETF (TEC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that primarily invests in US companies of any size and sector the sub-adviser believes to have growth potential tied to transformative technologies. The fund seeks long-term capital growth. TEC was launched on Apr 16, 2025 and is issued by Harbor.