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

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHYGet Free Report) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 1,481 shares, a growth of 781.5% from the July 15th total of 168 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 12,137 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. 1620 Investment Advisors Inc. bought a new stake in Harbor Scientific Alpha High-Yield ETF during the 4th quarter valued at $28,000. Global Retirement Partners LLC purchased a new stake in Harbor Scientific Alpha High-Yield ETF in the fourth quarter worth about $32,000. International Assets Investment Management LLC bought a new position in Harbor Scientific Alpha High-Yield ETF during the 4th quarter worth about $78,000. HighTower Advisors LLC bought a new position in Harbor Scientific Alpha High-Yield ETF during the 4th quarter worth about $228,000. Finally, Independence Asset Advisors LLC raised 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 purchasing an additional 869 shares in the last quarter.

Harbor Scientific Alpha High-Yield ETF Price Performance

NYSEARCA SIHY remained flat at $45.31 during trading on Tuesday. 23,793 shares of the company’s stock traded hands, compared to its average volume of 27,738. The firm’s 50 day moving average price is $45.42 and its 200 day moving average price is $45.36. Harbor Scientific Alpha High-Yield ETF has a twelve month low of $44.28 and a twelve month high of $46.69.

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

Receive News & Ratings for Harbor Scientific Alpha High-Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harbor Scientific Alpha High-Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.