Short Interest in Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Grows By 160.7%

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 842 shares, a growth of 160.7% from the April 30th total of 323 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 57,451 shares, the short-interest ratio is presently 0.0 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. 1620 Investment Advisors Inc. purchased a new stake in Harbor Scientific Alpha High-Yield ETF during 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 worth $32,000. International Assets Investment Management LLC purchased a new position in shares of Harbor Scientific Alpha High-Yield ETF in the fourth quarter worth $78,000. HighTower Advisors LLC purchased a new position in shares of Harbor Scientific Alpha High-Yield ETF in the fourth quarter worth $228,000. Finally, Independence Asset Advisors LLC raised its holdings 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 worth $279,000 after buying an additional 869 shares during the last quarter.

Harbor Scientific Alpha High-Yield ETF Price Performance

Shares of SIHY traded up $0.02 during mid-day trading on Friday, hitting $45.60. The company’s stock had a trading volume of 8,433 shares, compared to its average volume of 31,979. The company’s 50-day moving average is $45.14 and its 200-day moving average is $45.54. Harbor Scientific Alpha High-Yield ETF has a 52-week low of $44.28 and a 52-week 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.