Harbor Health Care ETF (NYSEARCA:MEDI – Get Free Report) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 5,220 shares, a decrease of 74.8% from the September 15th total of 20,697 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 4,976 shares, the short-interest ratio is presently 1.0 days.
Harbor Health Care ETF Price Performance
Shares of NYSEARCA:MEDI traded down $0.54 during trading on Tuesday, hitting $31.82. 3,995 shares of the company’s stock were exchanged, compared to its average volume of 6,954. The business’s 50-day simple moving average is $33.60 and its 200 day simple moving average is $32.09. The company has a market cap of $40.41 million, a price-to-earnings ratio of 35.66 and a beta of 0.68. Harbor Health Care ETF has a 52-week low of $27.50 and a 52-week high of $35.60.
Institutional Investors Weigh In On Harbor Health Care ETF
An institutional investor recently bought a new stake in Harbor Health Care ETF stock. Private Advisor Group LLC purchased a new stake in Harbor Health Care ETF (NYSEARCA:MEDI – Free Report) during the first quarter, according to its most recent filing with the SEC. The fund purchased 7,500 shares of the company’s stock, valued at approximately $220,000. Private Advisor Group LLC owned about 0.81% of Harbor Health Care ETF as of its most recent filing with the SEC.
Harbor Health Care ETF Company Profile
The Harbor Health Care ETF (MEDI) is an exchange-traded fund that is based on the Russell 3000 Growth Health Care index. The fund seeks long-term capital growth by actively managing a narrow portfolio of stocks engaged in the health care sector globally. MEDI was launched on Nov 16, 2022 and is managed by Harbor.
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