Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) Sees Large Increase in Short Interest

Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 229 shares, an increase of 175.9% from the May 31st total of 83 shares. Based on an average trading volume of 359 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of Harbor Scientific Alpha Income ETF

A hedge fund recently bought a new position in Harbor Scientific Alpha Income ETF stock. International Assets Investment Management LLC bought a new stake in shares of Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,050 shares of the company’s stock, valued at approximately $46,000. International Assets Investment Management LLC owned about 0.14% of Harbor Scientific Alpha Income ETF at the end of the most recent quarter. Hedge funds and other institutional investors own 58.11% of the company’s stock.

Harbor Scientific Alpha Income ETF Price Performance

Shares of Harbor Scientific Alpha Income ETF stock remained flat at $43.68 during trading hours on Monday. The company’s stock had a trading volume of 14 shares, compared to its average volume of 179. The business’s 50 day moving average is $43.59 and its 200 day moving average is $43.75. The company has a market capitalization of $32.76 million, a price-to-earnings ratio of 48.00 and a beta of 0.26. Harbor Scientific Alpha Income ETF has a 1-year low of $42.92 and a 1-year high of $44.75.

Harbor Scientific Alpha Income ETF Company Profile

The Harbor Scientific Alpha Income ETF (SIFI) is an exchange-traded fund that is based on the The Bloomberg U.S. Aggregate Bond index. The fund is an actively managed fund that invests in a wide array of fixed income securities of any maturity and credit quality selected using a proprietary quantitative method. SIFI was launched on Sep 14, 2021 and is managed by Harbor.