Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) Sees Large Drop in Short Interest

Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 94 shares, a decline of 51.5% from the April 15th total of 194 shares. Based on an average trading volume of 104 shares, the short-interest ratio is presently 0.9 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Harbor Scientific Alpha Income ETF

A hedge fund recently bought a new stake in Harbor Scientific Alpha Income ETF stock. Jane Street Group LLC bought a new stake in shares of Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,099 shares of the company’s stock, valued at approximately $396,000. Jane Street Group LLC owned approximately 1.17% of Harbor Scientific Alpha Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 58.11% of the company’s stock.

Harbor Scientific Alpha Income ETF Price Performance

Shares of SIFI opened at $43.36 on Monday. Harbor Scientific Alpha Income ETF has a one year low of $42.90 and a one year high of $44.75. The firm has a market capitalization of $32.52 million, a P/E ratio of 47.65 and a beta of 0.27. The business has a fifty day moving average of $43.48 and a 200 day moving average of $43.93.

About Harbor Scientific Alpha Income ETF

The Harbor Scientific Alpha Income ETF (SIFI) is an exchange-traded fund that is based on the The Bloomberg U.S. Aggregate Bond index. The fund is an actively managed fund that invests in a wide array of fixed income securities of any maturity and credit quality selected using a proprietary quantitative method. SIFI was launched on Sep 14, 2021 and is managed by Harbor.