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

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

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

A number of large investors have recently made changes to their positions in the company. Jane Street Group LLC increased its stake in Harbor Scientific Alpha High-Yield ETF by 133.9% in the first quarter. Jane Street Group LLC now owns 48,823 shares of the company’s stock worth $2,180,000 after purchasing an additional 27,950 shares during the period. JPMorgan Chase & Co. lifted its holdings in Harbor Scientific Alpha High-Yield ETF by 24.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 100,432 shares of the company’s stock valued at $4,629,000 after buying an additional 19,688 shares in the last quarter. Royal Bank of Canada lifted its holdings in Harbor Scientific Alpha High-Yield ETF by 17.5% during the 4th quarter. Royal Bank of Canada now owns 80,746 shares of the company’s stock valued at $3,688,000 after buying an additional 12,048 shares in the last quarter. Rockefeller Capital Management L.P. purchased a new stake in Harbor Scientific Alpha High-Yield ETF in the 4th quarter valued at about $457,000. Finally, LPL Financial LLC grew its stake in Harbor Scientific Alpha High-Yield ETF by 5.8% in the 4th quarter. LPL Financial LLC now owns 167,551 shares of the company’s stock worth $7,654,000 after acquiring an additional 9,147 shares in the last quarter.

Harbor Scientific Alpha High-Yield ETF Stock Performance

NYSEARCA:SIHY traded up $0.11 during midday trading on Thursday, hitting $45.54. 7,312 shares of the company traded hands, compared to its average volume of 27,470. The firm’s fifty day moving average is $45.43 and its 200-day moving average is $45.36. Harbor Scientific Alpha High-Yield ETF has a 12-month low of $44.28 and a 12-month high of $46.69.

About Harbor Scientific Alpha High-Yield ETF

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.