Short Interest in Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Rises By 217.9%

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,599 shares, an increase of 217.9% from the May 31st total of 503 shares. Based on an average daily volume of 18,253 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Harbor Scientific Alpha High-Yield ETF Stock Performance

NYSEARCA:SIHY remained flat at $45.61 during mid-day trading on Friday. The company had a trading volume of 2,820 shares, compared to its average volume of 29,113. The company has a fifty day moving average of $45.39 and a 200 day moving average of $45.47. Harbor Scientific Alpha High-Yield ETF has a 12-month low of $44.28 and a 12-month high of $46.69.

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

A number of institutional investors have recently modified their holdings of SIHY. BlueStem Wealth Partners LLC lifted its position in shares of Harbor Scientific Alpha High-Yield ETF by 8.3% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 361,190 shares of the company’s stock worth $16,748,000 after purchasing an additional 27,649 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in Harbor Scientific Alpha High-Yield ETF by 60.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,797 shares of the company’s stock worth $310,000 after buying an additional 2,552 shares in the last quarter. LPL Financial LLC boosted its position in shares of Harbor Scientific Alpha High-Yield ETF by 5.8% during the 4th quarter. LPL Financial LLC now owns 167,551 shares of the company’s stock valued at $7,654,000 after acquiring an additional 9,147 shares in the last quarter. Jane Street Group LLC boosted its holdings in Harbor Scientific Alpha High-Yield ETF by 133.9% during the first quarter. Jane Street Group LLC now owns 48,823 shares of the company’s stock valued at $2,180,000 after purchasing an additional 27,950 shares in the last quarter. Finally, MML Investors Services LLC grew its position in Harbor Scientific Alpha High-Yield ETF by 1.0% in the fourth quarter. MML Investors Services LLC now owns 33,683 shares of the company’s stock valued at $1,539,000 after acquiring an additional 344 shares during the period.

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.