Short Interest in Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Declines By 73.4%

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 1,587 shares, a decrease of 73.4% from the August 15th total of 5,970 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 17,313 shares, the short-interest ratio is presently 0.1 days.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. bought a new position in Harbor Scientific Alpha High-Yield ETF during the 4th quarter valued at $28,000. Global Retirement Partners LLC bought a new stake in shares of Harbor Scientific Alpha High-Yield ETF in the 4th quarter worth $32,000. International Assets Investment Management LLC acquired a new stake in shares of Harbor Scientific Alpha High-Yield ETF in the fourth quarter valued at $78,000. SFG Wealth Management LLC. acquired a new stake in shares of Harbor Scientific Alpha High-Yield ETF in the second quarter valued at $203,000. Finally, HighTower Advisors LLC bought a new position in Harbor Scientific Alpha High-Yield ETF during the fourth quarter valued at about $228,000.

Harbor Scientific Alpha High-Yield ETF Stock Up 0.0%

Shares of SIHY stock traded up $0.02 during midday trading on Friday, reaching $44.96. 9,570 shares of the company were exchanged, compared to its average volume of 27,467. Harbor Scientific Alpha High-Yield ETF has a 12 month low of $44.28 and a 12 month high of $46.69. The company’s 50 day moving average price is $45.32 and its two-hundred day moving average price is $45.26.

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.