Harbor Alpha Layering ETF (NYSEARCA:HOLD) Sees Large Growth in Short Interest

Harbor Alpha Layering ETF (NYSEARCA:HOLD) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,590 shares, an increase of 150.8% from the June 15th total of 634 shares. Based on an average daily volume of 478 shares, the short-interest ratio is presently 3.3 days. Approximately 0.6% of the company’s shares are sold short.

Harbor Alpha Layering ETF Stock Performance

NYSEARCA HOLD remained flat at $31.95 on Thursday. The company had a trading volume of 151 shares, compared to its average volume of 1,433. Harbor Alpha Layering ETF has a fifty-two week low of $29.55 and a fifty-two week high of $34.74. The company has a 50 day moving average of $33.28 and a 200 day moving average of $32.08.

About Harbor Alpha Layering ETF

The AdvisorShares North Square McKee Core Reserves ETF (HOLD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds short-term investment-grade USD-denominated fixed-income securities. It aims for duration under 1 year and weighted average maturity under 3 years. HOLD was launched on Jan 14, 2014 and is managed by AdvisorShares.