Harbor International Compounders ETF (NYSEARCA:OSEA) Sees Large Increase in Short Interest

Harbor International Compounders ETF (NYSEARCA:OSEA) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 227,378 shares, a growth of 699.8% from the August 15th total of 28,430 shares. Based on an average daily volume of 98,180 shares, the short-interest ratio is currently 2.3 days. Currently, 1.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Archford Capital Strategies LLC lifted its holdings in shares of Harbor International Compounders ETF by 2.3% in the second quarter. Archford Capital Strategies LLC now owns 268,505 shares of the company’s stock worth $8,200,000 after acquiring an additional 6,074 shares during the last quarter. Corient Private Wealth LP grew its holdings in shares of Harbor International Compounders ETF by 83.9% during the 2nd quarter. Corient Private Wealth LP now owns 610,542 shares of the company’s stock valued at $18,646,000 after purchasing an additional 278,544 shares during the last quarter. KWB Wealth grew its holdings in shares of Harbor International Compounders ETF by 34.8% during the 2nd quarter. KWB Wealth now owns 137,212 shares of the company’s stock valued at $4,190,000 after purchasing an additional 35,440 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new position in Harbor International Compounders ETF during the 1st quarter worth approximately $1,385,000. Finally, Bank of America Corp DE increased its position in Harbor International Compounders ETF by 10.3% during the 1st quarter. Bank of America Corp DE now owns 363,359 shares of the company’s stock worth $10,519,000 after purchasing an additional 33,985 shares in the last quarter.

Harbor International Compounders ETF Stock Performance

Shares of OSEA opened at $29.62 on Friday. Harbor International Compounders ETF has a 52-week low of $27.94 and a 52-week high of $31.60. The firm has a market cap of $470.37 million, a price-to-earnings ratio of 24.30 and a beta of 0.79. The business’s fifty day moving average is $30.31 and its 200-day moving average is $30.20.

About Harbor International Compounders ETF

The Harbor International Compounders ETF (OSEA) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects international companies with sustainable growth based on positive fundamentals and ESG criteria. The fund targets compounders and excludes US firms in aim for long-term capital appreciation. OSEA was launched on Sep 6, 2022 and is managed by Harbor.