Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) Shares Shorted: Short Interest Down 88.5% in October

Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) was the recipient of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 21 shares, a drop of 88.5% from the October 15th total of 182 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 64 shares, the short-interest ratio is currently 0.3 days.

Harbor Scientific Alpha Income ETF Stock Performance

NYSEARCA:SIFI traded down $0.23 on Thursday, hitting $42.03. The stock had a trading volume of 19 shares, compared to its average volume of 1,274. Harbor Scientific Alpha Income ETF has a 1 year low of $41.94 and a 1 year high of $44.66. The firm’s fifty day simple moving average is $42.43 and its two-hundred day simple moving average is $43.30. The stock has a market cap of $23.12 million, a P/E ratio of 46.19 and a beta of 0.27.

Hedge Funds Weigh In On Harbor Scientific Alpha Income ETF

An institutional investor recently raised its stake in Harbor Scientific Alpha Income ETF stock. Citadel Advisors LLC lifted its holdings in shares of Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) by 12.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,577 shares of the company’s stock after acquiring an additional 601 shares during the quarter. Citadel Advisors LLC owned 0.72% of Harbor Scientific Alpha Income ETF worth $244,000 at the end of the most recent quarter. Institutional investors and hedge funds own 58.11% of the company’s stock.

Harbor Scientific Alpha Income ETF Company Profile

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.