Short Interest in Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Rises By 781.5%

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,481 shares, a growth of 781.5% from the July 15th total of 168 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 12,137 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Harbor Scientific Alpha High-Yield ETF

A number of institutional investors have recently made changes to their positions in SIHY. MML Investors Services LLC grew its position in Harbor Scientific Alpha High-Yield ETF by 1.0% during the fourth quarter. MML Investors Services LLC now owns 33,683 shares of the company’s stock valued at $1,539,000 after buying an additional 344 shares during the period. Private Advisor Group LLC boosted its holdings in Harbor Scientific Alpha High-Yield ETF by 1.4% in the 1st quarter. Private Advisor Group LLC now owns 40,192 shares of the company’s stock worth $1,801,000 after buying an additional 552 shares during the period. 1620 Investment Advisors Inc. purchased a new stake in shares of Harbor Scientific Alpha High-Yield ETF during the fourth quarter worth about $28,000. Global Retirement Partners LLC bought a new position in Harbor Scientific Alpha High-Yield ETF in the 4th quarter worth approximately $32,000. Finally, Beta Wealth Group Inc. grew its stake in 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 in the last quarter.

Harbor Scientific Alpha High-Yield ETF Stock Performance

Harbor Scientific Alpha High-Yield ETF stock traded up $0.12 during mid-day trading on Wednesday, reaching $45.43. The stock had a trading volume of 977 shares, compared to its average volume of 27,562. The company has a 50-day moving average price of $45.42 and a two-hundred day moving average price of $45.36. Harbor Scientific Alpha High-Yield ETF has a one year low of $44.28 and a one 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.