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

Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) saw a large decline in short interest in 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. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 23,731 shares, the days-to-cover ratio is presently 0.0 days.

Harbor Scientific Alpha Income ETF Stock Performance

Shares of SIFI remained flat at $42.37 during mid-day trading on Friday. 13 shares of the stock traded hands, compared to its average volume of 1,459. The company has a fifty day moving average of $43.20 and a 200-day moving average of $43.39. Harbor Scientific Alpha Income ETF has a 1-year low of $42.37 and a 1-year high of $44.75. The company has a market capitalization of $23.30 million, a P/E ratio of 46.56 and a beta of 0.26.

Institutional Trading of Harbor Scientific Alpha Income ETF

An institutional investor recently raised its stake in Harbor Scientific Alpha Income ETF stock. Citadel Advisors LLC boosted its stake 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 filing with the Securities and Exchange Commission (SEC). The firm owned 5,577 shares of the company’s stock after purchasing an additional 601 shares during the quarter. Citadel Advisors LLC owned approximately 0.72% of Harbor Scientific Alpha Income ETF worth $244,000 as of its most recent SEC filing. 58.11% of the stock is currently 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.