Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Shares Shorted: Short Interest Up 110.2% in September

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 3,336 shares, an increase of 110.2% from the August 31st total of 1,587 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 37,150 shares, the short-interest ratio is presently 0.1 days.

Harbor Scientific Alpha High-Yield ETF Stock Performance

Shares of NYSEARCA SIHY traded down $0.10 during mid-day trading on Tuesday, hitting $44.15. 10,054 shares of the stock were exchanged, compared to its average volume of 27,407. Harbor Scientific Alpha High-Yield ETF has a twelve month low of $44.07 and a twelve month high of $46.53. The stock’s fifty day simple moving average is $45.16 and its two-hundred day simple moving average is $45.22.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Private Advisor Group LLC boosted its stake in 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 acquiring an additional 552 shares during the last quarter. Beta Wealth Group Inc. raised its position in shares of Harbor Scientific Alpha High-Yield ETF by 1.7% during the 1st quarter. Beta Wealth Group Inc. now owns 44,184 shares of the company’s stock valued at $1,980,000 after acquiring an additional 754 shares during the last quarter. Independence Asset Advisors LLC raised its position in shares of Harbor Scientific Alpha High-Yield ETF by 16.1% during the 1st quarter. Independence Asset Advisors LLC now owns 6,258 shares of the company’s stock valued at $279,000 after acquiring an additional 869 shares during the last quarter. Greenwood Capital Associates LLC lifted its stake in shares of Harbor Scientific Alpha High-Yield ETF by 23.3% in the 1st quarter. Greenwood Capital Associates LLC now owns 12,450 shares of the company’s stock valued at $558,000 after purchasing an additional 2,354 shares during the period. Finally, SFG Wealth Management LLC. acquired a new position in shares of Harbor Scientific Alpha High-Yield ETF in the 2nd quarter valued at $203,000.

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.