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

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHYGet Free Report) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 798 shares, a decline of 25.0% from the March 31st total of 1,064 shares. Based on an average daily volume of 23,005 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Harbor Scientific Alpha High-Yield ETF Trading Down 0.1%

NYSEARCA SIHY traded down $0.06 during trading hours on Wednesday, hitting $45.20. 5,225 shares of the company were exchanged, compared to its average volume of 31,545. The stock has a 50-day moving average price of $45.12 and a 200 day moving average price of $45.64. Harbor Scientific Alpha High-Yield ETF has a 52 week low of $44.28 and a 52 week high of $46.69.

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

Large investors have recently added to or reduced their stakes in the stock. 1620 Investment Advisors Inc. bought a new stake in Harbor Scientific Alpha High-Yield ETF during the fourth quarter worth approximately $28,000. Global Retirement Partners LLC bought a new stake in Harbor Scientific Alpha High-Yield ETF during the fourth quarter worth approximately $32,000. International Assets Investment Management LLC bought a new stake in Harbor Scientific Alpha High-Yield ETF during the fourth quarter worth approximately $78,000. HighTower Advisors LLC bought a new stake in Harbor Scientific Alpha High-Yield ETF during the fourth quarter worth approximately $228,000. Finally, Independence Asset Advisors LLC increased its stake in Harbor Scientific Alpha High-Yield ETF by 16.1% during the first quarter. Independence Asset Advisors LLC now owns 6,258 shares of the company’s stock worth $279,000 after acquiring an additional 869 shares during the last quarter.

Harbor Scientific Alpha High-Yield ETF Company Profile

(Get Free Report)

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.

Further Reading

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