Harbor Alpha Layering ETF (NYSEARCA:HOLD) Shares Shorted: Short Interest Up 123.9% in September

Harbor Alpha Layering ETF (NYSEARCA:HOLD) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 3,182 shares, a growth of 123.9% from the August 31st total of 1,421 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average daily volume of 543 shares, the days-to-cover ratio is currently 5.9 days.

Harbor Alpha Layering ETF Stock Down 0.2%

HOLD stock traded down $0.07 on Friday, hitting $32.96. 147 shares of the company’s stock were exchanged, compared to its average volume of 1,128. The firm has a 50 day moving average price of $32.27 and a two-hundred day moving average price of $32.40. Harbor Alpha Layering ETF has a 12-month low of $29.56 and a 12-month high of $34.74.

Institutional Investors Weigh In On Harbor Alpha Layering ETF

A hedge fund recently raised its stake in Harbor Alpha Layering ETF stock. Archford Capital Strategies LLC lifted its holdings in shares of Harbor Alpha Layering ETF (NYSEARCA:HOLD) by 7.5% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 123,301 shares of the exchange traded fund’s stock after acquiring an additional 8,569 shares during the period. Archford Capital Strategies LLC owned approximately 49.32% of Harbor Alpha Layering ETF worth $3,980,000 at the end of the most recent quarter.

Harbor Alpha Layering ETF Company Profile

The AdvisorShares North Square McKee Core Reserves ETF (HOLD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds short-term investment-grade USD-denominated fixed-income securities. It aims for duration under 1 year and weighted average maturity under 3 years. HOLD was launched on Jan 14, 2014 and is managed by AdvisorShares.