Harbor Alpha Layering ETF (NYSEARCA:HOLD) Shares Shorted: Short Interest Up 123.9% in September

Harbor Alpha Layering ETF (NYSEARCA:HOLD) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 3,182 shares, an increase of 123.9% from the August 31st total of 1,421 shares. Based on an average daily volume of 543 shares, the days-to-cover ratio is presently 5.9 days. Currently, 1.3% of the company’s stock are sold short.

Hedge Funds Weigh In On Harbor Alpha Layering ETF

A hedge fund recently raised its stake in Harbor Alpha Layering ETF stock. Archford Capital Strategies LLC raised its holdings in shares of Harbor Alpha Layering ETF (NYSEARCA:HOLD) by 7.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 123,301 shares of the exchange traded fund’s stock after purchasing an additional 8,569 shares during the period. Archford Capital Strategies LLC owned 49.32% of Harbor Alpha Layering ETF worth $3,980,000 at the end of the most recent quarter.

Harbor Alpha Layering ETF Stock Performance

Harbor Alpha Layering ETF stock traded down $0.07 during trading hours on Friday, reaching $32.96. The stock had a trading volume of 147 shares, compared to its average volume of 1,128. The business’s 50 day moving average price is $32.27 and its 200-day moving average price is $32.40. Harbor Alpha Layering ETF has a 52 week low of $29.56 and a 52 week high of $34.74.

Harbor Alpha Layering ETF Company Profile

The AdvisorShares North Square McKee Core Reserves ETF (HOLD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds short-term investment-grade USD-denominated fixed-income securities. It aims for duration under 1 year and weighted average maturity under 3 years. HOLD was launched on Jan 14, 2014 and is managed by AdvisorShares.