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

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 503 shares, a drop of 40.3% from the May 14th total of 842 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 8,028 shares, the days-to-cover ratio is presently 0.1 days.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. 1620 Investment Advisors Inc. purchased a new position in shares of Harbor Scientific Alpha High-Yield ETF in the fourth quarter valued at approximately $28,000. Global Retirement Partners LLC purchased a new position in shares of Harbor Scientific Alpha High-Yield ETF in the fourth quarter valued at approximately $32,000. International Assets Investment Management LLC purchased a new position in shares of Harbor Scientific Alpha High-Yield ETF in the fourth quarter valued at approximately $78,000. HighTower Advisors LLC purchased a new position in shares of Harbor Scientific Alpha High-Yield ETF in the fourth quarter valued at approximately $228,000. Finally, Independence Asset Advisors LLC lifted its position in shares of Harbor Scientific Alpha High-Yield ETF by 16.1% in the first 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 in the last quarter.

Harbor Scientific Alpha High-Yield ETF Stock Performance

NYSEARCA SIHY opened at $45.53 on Wednesday. The stock’s 50 day simple moving average is $45.33 and its 200-day simple moving average is $45.49. Harbor Scientific Alpha High-Yield ETF has a 1-year low of $44.28 and a 1-year high of $46.69.

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.