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

Harbor International Compounders ETF (NYSEARCA:OSEA) saw a large 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 trading volume of 98,180 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.4% of the shares of the stock are short sold.

Institutional Trading of Harbor International Compounders ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in OSEA. Sittner & Nelson LLC boosted its holdings in Harbor International Compounders ETF by 90.6% during the fourth quarter. Sittner & Nelson LLC now owns 3,162 shares of the company’s stock worth $97,000 after buying an additional 1,503 shares in the last quarter. Quantinno Capital Management LP acquired a new position in Harbor International Compounders ETF in the first quarter worth approximately $209,000. one8zero8 LLC bought a new position in shares of Harbor International Compounders ETF in the fourth quarter valued at $348,000. Bank of New York Mellon Corp increased its holdings in shares of Harbor International Compounders ETF by 14.2% in the first quarter. Bank of New York Mellon Corp now owns 13,616 shares of the company’s stock valued at $394,000 after buying an additional 1,688 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its position in shares of Harbor International Compounders ETF by 12.5% during the 1st quarter. Sanctuary Advisors LLC now owns 15,187 shares of the company’s stock valued at $440,000 after acquiring an additional 1,688 shares during the last quarter.

Harbor International Compounders ETF Trading Down 0.6%

NYSEARCA:OSEA opened at $29.50 on Friday. Harbor International Compounders ETF has a twelve month low of $27.94 and a twelve month high of $31.60. The company has a 50-day moving average of $30.32 and a 200-day moving average of $30.21. The firm has a market cap of $468.46 million, a price-to-earnings ratio of 24.30 and a beta of 0.79.

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.