Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Sees Significant Growth in Short Interest

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,599 shares, an increase of 217.9% from the May 31st total of 503 shares. Based on an average daily volume of 18,253 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of Harbor Scientific Alpha High-Yield ETF

Large investors have recently bought and sold shares of the company. 1620 Investment Advisors Inc. bought a new stake in shares of Harbor Scientific Alpha High-Yield ETF during the fourth quarter valued at approximately $28,000. Global Retirement Partners LLC bought a new position in Harbor Scientific Alpha High-Yield ETF in the fourth quarter worth $32,000. International Assets Investment Management LLC bought a new position in Harbor Scientific Alpha High-Yield ETF in the fourth quarter worth $78,000. HighTower Advisors LLC purchased a new position in Harbor Scientific Alpha High-Yield ETF during the fourth quarter valued at $228,000. Finally, Independence Asset Advisors LLC boosted its holdings in shares of Harbor Scientific Alpha High-Yield ETF by 16.1% during the 1st quarter. Independence Asset Advisors LLC now owns 6,258 shares of the company’s stock valued at $279,000 after buying an additional 869 shares in the last quarter.

Harbor Scientific Alpha High-Yield ETF Trading Up 0.1%

Shares of SIHY traded up $0.04 during trading hours on Monday, reaching $45.65. 7,830 shares of the company traded hands, compared to its average volume of 28,934. Harbor Scientific Alpha High-Yield ETF has a 12 month low of $44.28 and a 12 month high of $46.69. The company’s fifty day moving average price is $45.39 and its two-hundred day moving average price is $45.47.

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.