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

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the recipient of a significant decrease in short interest during the month of 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. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 17,313 shares, the days-to-cover ratio is presently 0.1 days.

Harbor Scientific Alpha High-Yield ETF Trading Down 0.1%

Shares of SIHY traded down $0.06 during mid-day trading on Monday, reaching $44.90. The company had a trading volume of 12,703 shares, compared to its average volume of 27,382. The company’s 50 day simple moving average is $45.32 and its 200 day simple moving average is $45.26. Harbor Scientific Alpha High-Yield ETF has a 1-year low of $44.28 and a 1-year high of $46.69.

Institutional Trading of Harbor Scientific Alpha High-Yield ETF

Several hedge funds and other institutional investors have recently made changes to their positions in SIHY. Royal Bank of Canada raised its holdings in Harbor Scientific Alpha High-Yield ETF by 13.7% in the 1st quarter. Royal Bank of Canada now owns 91,803 shares of the company’s stock valued at $4,113,000 after buying an additional 11,057 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in Harbor Scientific Alpha High-Yield ETF by 8.7% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 57,654 shares of the company’s stock valued at $2,627,000 after acquiring an additional 4,630 shares during the period. Beta Wealth Group Inc. raised its stake in shares of Harbor Scientific Alpha High-Yield ETF by 1.7% during the first quarter. Beta Wealth Group Inc. now owns 44,184 shares of the company’s stock valued at $1,980,000 after acquiring an additional 754 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of Harbor Scientific Alpha High-Yield ETF by 1.4% during the first quarter. Private Advisor Group LLC now owns 40,192 shares of the company’s stock valued at $1,801,000 after acquiring an additional 552 shares during the last quarter. Finally, Greenwood Capital Associates LLC lifted its holdings in shares of Harbor Scientific Alpha High-Yield ETF by 23.3% during the first quarter. Greenwood Capital Associates LLC now owns 12,450 shares of the company’s stock worth $558,000 after purchasing an additional 2,354 shares during the period.

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.