Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Short Interest Update

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 5,970 shares, a growth of 303.1% from the July 30th total of 1,481 shares. Based on an average daily volume of 9,446 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On Harbor Scientific Alpha High-Yield ETF

Several hedge funds have recently bought and sold shares of SIHY. 1620 Investment Advisors Inc. purchased a new stake in shares of Harbor Scientific Alpha High-Yield ETF in the fourth quarter valued at $28,000. Global Retirement Partners LLC purchased a new stake in Harbor Scientific Alpha High-Yield ETF during the 4th quarter worth about $32,000. International Assets Investment Management LLC purchased a new stake in Harbor Scientific Alpha High-Yield ETF during the 4th quarter worth about $78,000. SFG Wealth Management LLC. purchased a new stake in Harbor Scientific Alpha High-Yield ETF during the 2nd quarter worth about $203,000. Finally, HighTower Advisors LLC acquired a new position in Harbor Scientific Alpha High-Yield ETF in the 4th quarter valued at about $228,000.

Harbor Scientific Alpha High-Yield ETF Price Performance

Shares of SIHY opened at $45.34 on Friday. The firm has a 50 day simple moving average of $45.41 and a 200-day simple moving average of $45.32. Harbor Scientific Alpha High-Yield ETF has a 1-year low of $44.28 and a 1-year high of $46.69.

Harbor Scientific Alpha High-Yield ETF Company Profile

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.