Short Interest in Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Increases By 160.7%

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 842 shares, an increase of 160.7% from the April 30th total of 323 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 57,451 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Harbor Scientific Alpha High-Yield ETF

A number of institutional investors have recently bought and sold shares of SIHY. 1620 Investment Advisors Inc. purchased a new position in Harbor Scientific Alpha High-Yield ETF during the 4th quarter valued at about $28,000. Global Retirement Partners LLC acquired a new stake in shares of Harbor Scientific Alpha High-Yield ETF during the fourth quarter worth approximately $32,000. International Assets Investment Management LLC purchased a new position in Harbor Scientific Alpha High-Yield ETF during the fourth quarter valued at approximately $78,000. HighTower Advisors LLC purchased a new position in Harbor Scientific Alpha High-Yield ETF during the fourth quarter valued at approximately $228,000. Finally, Independence Asset Advisors LLC increased its stake in Harbor Scientific Alpha High-Yield ETF by 16.1% in the 1st quarter. Independence Asset Advisors LLC now owns 6,258 shares of the company’s stock valued at $279,000 after buying an additional 869 shares during the period.

Harbor Scientific Alpha High-Yield ETF Price Performance

Shares of SIHY traded up $0.02 during mid-day trading on Friday, reaching $45.60. The company’s stock had a trading volume of 8,433 shares, compared to its average volume of 31,979. The business has a fifty day moving average of $45.14 and a 200 day moving average of $45.54. Harbor Scientific Alpha High-Yield ETF has a 1 year low of $44.28 and a 1 year high of $46.69.

About Harbor Scientific Alpha High-Yield ETF

The Harbor Scientific Alpha High-Yield ETF (SIHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of high-yield, USD-denominated corporate bonds selected based on a proprietary scientific method. SIHY was launched on Sep 14, 2021 and is managed by Harbor.