Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Short Interest Down 59.5% in April

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 323 shares, a decline of 59.5% from the April 15th total of 798 shares. Based on an average daily trading volume, of 25,931 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of Harbor Scientific Alpha High-Yield ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in SIHY. 1620 Investment Advisors Inc. bought a new stake in Harbor Scientific Alpha High-Yield ETF during the 4th quarter worth about $28,000. Global Retirement Partners LLC bought a new stake in Harbor Scientific Alpha High-Yield ETF during the 4th quarter worth about $32,000. International Assets Investment Management LLC bought a new stake in Harbor Scientific Alpha High-Yield ETF during the 4th quarter worth about $78,000. HighTower Advisors LLC bought a new stake in Harbor Scientific Alpha High-Yield ETF during the 4th quarter worth about $228,000. Finally, Independence Asset Advisors LLC raised its holdings in Harbor Scientific Alpha High-Yield ETF by 16.1% during the 1st quarter. Independence Asset Advisors LLC now owns 6,258 shares of the company’s stock worth $279,000 after purchasing an additional 869 shares during the last quarter.

Harbor Scientific Alpha High-Yield ETF Stock Performance

Shares of Harbor Scientific Alpha High-Yield ETF stock traded down $0.20 during trading on Friday, reaching $45.15. The company’s stock had a trading volume of 23,499 shares, compared to its average volume of 34,301. The stock has a 50-day moving average price of $45.04 and a two-hundred day moving average price of $45.59. Harbor Scientific Alpha High-Yield ETF has a one year low of $44.28 and a one year high of $46.69.

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.