Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Short Interest Down 40.3% in May

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 503 shares, a drop of 40.3% from the May 14th total of 842 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,028 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Harbor Scientific Alpha High-Yield ETF

Several large investors have recently bought and sold shares of the stock. MML Investors Services LLC increased its stake in Harbor Scientific Alpha High-Yield ETF by 1.0% during the 4th quarter. MML Investors Services LLC now owns 33,683 shares of the company’s stock valued at $1,539,000 after buying an additional 344 shares during the period. Private Advisor Group LLC increased its stake in Harbor Scientific Alpha High-Yield ETF by 1.4% during the 1st quarter. Private Advisor Group LLC now owns 40,192 shares of the company’s stock valued at $1,801,000 after buying an additional 552 shares during the period. 1620 Investment Advisors Inc. acquired a new position in Harbor Scientific Alpha High-Yield ETF during the 4th quarter valued at about $28,000. Global Retirement Partners LLC acquired a new position in Harbor Scientific Alpha High-Yield ETF during the 4th quarter valued at about $32,000. Finally, Beta Wealth Group Inc. increased its stake in Harbor Scientific Alpha High-Yield ETF by 1.7% during the 1st quarter. Beta Wealth Group Inc. now owns 44,184 shares of the company’s stock valued at $1,980,000 after buying an additional 754 shares during the period.

Harbor Scientific Alpha High-Yield ETF Stock Up 0.2%

Harbor Scientific Alpha High-Yield ETF stock traded up $0.07 during trading hours on Monday, hitting $45.59. 4,485 shares of the company traded hands, compared to its average volume of 30,637. The firm’s 50-day simple moving average is $45.29 and its two-hundred day simple moving average is $45.50. Harbor Scientific Alpha High-Yield ETF has a 1-year low of $44.28 and a 1-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.