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

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) saw a significant decrease in short interest in 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. Based on an average daily trading volume, of 17,313 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Harbor Scientific Alpha High-Yield ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. 1620 Investment Advisors Inc. bought a new stake in Harbor Scientific Alpha High-Yield ETF in the fourth quarter worth $28,000. Global Retirement Partners LLC bought a new position in Harbor Scientific Alpha High-Yield ETF during the fourth quarter valued at about $32,000. International Assets Investment Management LLC acquired a new stake in shares of Harbor Scientific Alpha High-Yield ETF in the fourth quarter worth about $78,000. SFG Wealth Management LLC. acquired a new stake in shares of Harbor Scientific Alpha High-Yield ETF in the second quarter worth about $203,000. Finally, HighTower Advisors LLC bought a new stake in shares of Harbor Scientific Alpha High-Yield ETF during the 4th quarter worth about $228,000.

Harbor Scientific Alpha High-Yield ETF Stock Performance

Shares of Harbor Scientific Alpha High-Yield ETF stock traded up $0.02 during trading on Friday, hitting $44.96. The stock had a trading volume of 9,570 shares, compared to its average volume of 27,467. Harbor Scientific Alpha High-Yield ETF has a 1 year low of $44.28 and a 1 year high of $46.69. The stock has a 50 day simple moving average of $45.32 and a 200 day simple moving average of $45.26.

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.