Short Interest in Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Expands By 87.4%

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 18,117 shares, an increase of 87.4% from the December 31st total of 9,669 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 23,498 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily trading volume, of 23,498 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.5% of the company’s shares are sold short.

Harbor Scientific Alpha High-Yield ETF Stock Performance

Shares of SIHY stock traded down $0.01 during trading hours on Friday, hitting $45.98. The company had a trading volume of 13,704 shares, compared to its average volume of 24,140. The company’s fifty day moving average is $45.93 and its 200 day moving average is $45.97. Harbor Scientific Alpha High-Yield ETF has a fifty-two week low of $42.38 and a fifty-two week high of $46.69.

Institutional Investors Weigh In On Harbor Scientific Alpha High-Yield ETF

Institutional investors have recently made changes to their positions in the stock. Greenwood Capital Associates LLC raised its position in shares of Harbor Scientific Alpha High-Yield ETF by 41.9% during the 4th quarter. Greenwood Capital Associates LLC now owns 10,096 shares of the company’s stock worth $461,000 after purchasing an additional 2,983 shares during the last quarter. Flagship Harbor Advisors LLC raised its holdings in Harbor Scientific Alpha High-Yield ETF by 3.7% in the fourth quarter. Flagship Harbor Advisors LLC now owns 69,673 shares of the company’s stock valued at $3,183,000 after buying an additional 2,457 shares during the period. Worth Financial Advisory Group LLC purchased a new stake in Harbor Scientific Alpha High-Yield ETF during the 4th quarter worth $291,000. BlueStem Wealth Partners LLC grew its stake in shares of Harbor Scientific Alpha High-Yield ETF by 8.3% in the third quarter. BlueStem Wealth Partners LLC now owns 361,190 shares of the company’s stock valued at $16,748,000 after buying an additional 27,649 shares in the last quarter. Finally, Beta Wealth Group Inc. purchased a new stake in shares of Harbor Scientific Alpha High-Yield ETF during the third quarter valued at approximately $1,944,000.

About Harbor Scientific Alpha High-Yield ETF

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.