Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) Stock Short Interest Rises 766.7%

Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 182 shares, a growth of 766.7% from the September 30th total of 21 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 605 shares, the short-interest ratio is currently 0.3 days.

Harbor Scientific Alpha Income ETF Price Performance

Harbor Scientific Alpha Income ETF stock opened at $42.38 on Thursday. The company has a market capitalization of $23.31 million, a price-to-earnings ratio of 46.57 and a beta of 0.27. Harbor Scientific Alpha Income ETF has a one year low of $41.94 and a one year high of $44.73. The company’s fifty day moving average price is $42.63 and its two-hundred day moving average price is $43.38.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Harbor Scientific Alpha Income ETF stock. Citadel Advisors LLC increased its stake in Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) by 12.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,577 shares of the company’s stock after purchasing an additional 601 shares during the quarter. Citadel Advisors LLC owned approximately 0.72% of Harbor Scientific Alpha Income ETF worth $244,000 at the end of the most recent reporting period. 58.11% of the stock is currently owned by institutional investors and hedge funds.

Harbor Scientific Alpha Income ETF Company Profile

The Harbor Scientific Alpha Income ETF (SIFI) is an exchange-traded fund that is based on the The Bloomberg U.S. Aggregate Bond index. The fund is an actively managed fund that invests in a wide array of fixed income securities of any maturity and credit quality selected using a proprietary quantitative method. SIFI was launched on Sep 14, 2021 and is managed by Harbor.