Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Short Interest Up 217.9% in June

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,599 shares, an increase of 217.9% from the May 31st total of 503 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 18,253 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Harbor Scientific Alpha High-Yield ETF

Large investors have recently made changes to their positions in the company. BlueStem Wealth Partners LLC increased its holdings in shares of Harbor Scientific Alpha High-Yield ETF by 8.3% in the third quarter. BlueStem Wealth Partners LLC now owns 361,190 shares of the company’s stock worth $16,748,000 after acquiring an additional 27,649 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Harbor Scientific Alpha High-Yield ETF by 1.4% in the first quarter. Private Advisor Group LLC now owns 40,192 shares of the company’s stock valued at $1,801,000 after purchasing an additional 552 shares during the last quarter. Greenwood Capital Associates LLC lifted its position in Harbor Scientific Alpha High-Yield ETF by 23.3% during the 1st quarter. Greenwood Capital Associates LLC now owns 12,450 shares of the company’s stock worth $558,000 after buying an additional 2,354 shares in the last quarter. Rockefeller Capital Management L.P. bought a new stake in Harbor Scientific Alpha High-Yield ETF during the fourth quarter worth about $457,000. Finally, Independence Asset Advisors LLC boosted its holdings in shares of Harbor Scientific Alpha High-Yield ETF by 16.1% in the 1st quarter. Independence Asset Advisors LLC now owns 6,258 shares of the company’s stock valued at $279,000 after buying an additional 869 shares during the last quarter.

Harbor Scientific Alpha High-Yield ETF Price Performance

Shares of SIHY stock remained flat at $45.61 during trading hours on Friday. The stock had a trading volume of 2,820 shares, compared to its average volume of 29,113. The firm’s fifty day simple moving average is $45.39 and its 200 day simple moving average is $45.47. Harbor Scientific Alpha High-Yield ETF has a one year low of $44.28 and a one year 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.