Short Interest in Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) Drops By 90.8%

Harbor Scientific Alpha Income ETF (NYSEARCA:SIFIGet Free Report) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 21 shares, a decline of 90.8% from the June 15th total of 229 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 34 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of Harbor Scientific Alpha Income ETF

An institutional investor recently bought a new position in Harbor Scientific Alpha Income ETF stock. International Assets Investment Management LLC purchased a new position in shares of Harbor Scientific Alpha Income ETF (NYSEARCA:SIFIFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,050 shares of the company’s stock, valued at approximately $46,000. International Assets Investment Management LLC owned about 0.14% of Harbor Scientific Alpha Income ETF at the end of the most recent reporting period. Institutional investors own 58.11% of the company’s stock.

Harbor Scientific Alpha Income ETF Price Performance

Shares of SIFI traded down $0.03 during mid-day trading on Friday, reaching $43.47. The stock had a trading volume of 15 shares, compared to its average volume of 174. Harbor Scientific Alpha Income ETF has a 52-week low of $42.92 and a 52-week high of $44.75. The firm has a market cap of $33.47 million, a price-to-earnings ratio of 47.77 and a beta of 0.26. The business’s fifty day moving average is $43.55 and its 200 day moving average is $43.70.

Harbor Scientific Alpha Income ETF Company Profile

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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.

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