Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Short Interest Up 87.4% in January

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 18,117 shares, a growth of 87.4% from the December 31st total of 9,669 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 23,498 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 23,498 shares, the short-interest ratio is currently 0.8 days. Currently, 0.5% of the shares of the company are sold short.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SK Wealth Management LLC increased its holdings in shares of Harbor Scientific Alpha High-Yield ETF by 1.0% in the 3rd quarter. SK Wealth Management LLC now owns 23,277 shares of the company’s stock valued at $1,069,000 after purchasing an additional 239 shares during the period. WT Wealth Management lifted its position in Harbor Scientific Alpha High-Yield ETF by 0.5% during the 2nd quarter. WT Wealth Management now owns 123,539 shares of the company’s stock worth $5,694,000 after acquiring an additional 587 shares during the last quarter. Flagship Harbor Advisors LLC boosted its position in shares of Harbor Scientific Alpha High-Yield ETF by 1.0% in the third quarter. Flagship Harbor Advisors LLC now owns 67,216 shares of the company’s stock valued at $3,117,000 after acquiring an additional 667 shares during the period. Greenwood Capital Associates LLC lifted its stake in shares of Harbor Scientific Alpha High-Yield ETF by 61.6% in the third quarter. Greenwood Capital Associates LLC now owns 7,113 shares of the company’s stock valued at $330,000 after buying an additional 2,712 shares during the period. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Harbor Scientific Alpha High-Yield ETF in the second quarter valued at $197,000.

Harbor Scientific Alpha High-Yield ETF Stock Performance

Shares of NYSEARCA SIHY traded down $0.01 during midday trading on Friday, hitting $45.98. 13,704 shares of the company’s stock were exchanged, compared to its average volume of 24,140. Harbor Scientific Alpha High-Yield ETF has a twelve month low of $42.38 and a twelve month high of $46.69. The stock’s 50 day moving average price is $45.93 and its 200-day moving average price is $45.97.

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.