Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) Sees Significant Drop in Short Interest

Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 20 shares, a decline of 88.6% from the August 31st total of 175 shares. Based on an average daily volume of 23,731 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Harbor Scientific Alpha Income ETF Stock Up 0.0%

SIFI traded up $0.01 during trading on Friday, hitting $42.38. The company’s stock had a trading volume of 129 shares, compared to its average volume of 1,452. Harbor Scientific Alpha Income ETF has a one year low of $42.34 and a one year high of $44.75. The firm has a market cap of $23.31 million, a PE ratio of 46.57 and a beta of 0.26. The business’s 50 day simple moving average is $43.17 and its 200-day simple moving average is $43.39.

Institutional Trading of Harbor Scientific Alpha Income ETF

An institutional investor recently raised its position in Harbor Scientific Alpha Income ETF stock. Citadel Advisors LLC increased its position in shares of Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) by 12.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,577 shares of the company’s stock after buying an additional 601 shares during the period. Citadel Advisors LLC owned about 0.72% of Harbor Scientific Alpha Income ETF worth $244,000 at the end of the most recent quarter. 58.11% of the stock is owned by hedge funds and other institutional investors.

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.