Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Short Interest Update

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 168 shares, a decline of 86.5% from the June 30th total of 1,245 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 46,579 shares, the days-to-cover ratio is currently 0.0 days.

Harbor Scientific Alpha High-Yield ETF Stock Performance

Shares of NYSEARCA:SIHY remained flat at $45.13 during trading on Friday. 5,490 shares of the stock traded hands, compared to its average volume of 29,294. Harbor Scientific Alpha High-Yield ETF has a 52 week low of $44.28 and a 52 week high of $46.69. The stock has a fifty day simple moving average of $45.44 and a 200 day simple moving average of $45.42.

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 SIHY. LPL Financial LLC raised its position in Harbor Scientific Alpha High-Yield ETF by 5.8% in the fourth quarter. LPL Financial LLC now owns 167,551 shares of the company’s stock valued at $7,654,000 after purchasing an additional 9,147 shares during the last quarter. WT Wealth Management grew its holdings in shares of Harbor Scientific Alpha High-Yield ETF by 4.0% during the fourth quarter. WT Wealth Management now owns 133,866 shares of the company’s stock worth $6,115,000 after purchasing an additional 5,146 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Harbor Scientific Alpha High-Yield ETF by 24.4% during the second quarter. JPMorgan Chase & Co. now owns 100,432 shares of the company’s stock worth $4,629,000 after purchasing an additional 19,688 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Harbor Scientific Alpha High-Yield ETF by 13.7% in the first quarter. Royal Bank of Canada now owns 91,803 shares of the company’s stock valued at $4,113,000 after buying an additional 11,057 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in Harbor Scientific Alpha High-Yield ETF by 4.3% in the 4th quarter. Osaic Holdings Inc. now owns 75,786 shares of the company’s stock valued at $3,463,000 after buying an additional 3,107 shares during the last quarter.

Harbor Scientific Alpha High-Yield ETF Company Profile

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.