Short Interest in Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) Declines By 51.5%

Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 94 shares, a drop of 51.5% from the April 15th total of 194 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 104 shares, the short-interest ratio is currently 0.9 days.

Harbor Scientific Alpha Income ETF Price Performance

Shares of NYSEARCA SIFI traded down $0.17 during mid-day trading on Friday, hitting $43.36. The company had a trading volume of 26 shares, compared to its average volume of 160. The stock has a market cap of $32.52 million, a price-to-earnings ratio of 47.65 and a beta of 0.27. Harbor Scientific Alpha Income ETF has a 12 month low of $42.90 and a 12 month high of $44.75. The firm’s 50 day simple moving average is $43.48 and its two-hundred day simple moving average is $43.93.

Institutional Trading of Harbor Scientific Alpha Income ETF

A hedge fund recently bought a new stake 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) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,050 shares of the company’s stock, valued at approximately $46,000. International Assets Investment Management LLC owned approximately 0.14% of Harbor Scientific Alpha Income ETF at the end of the most recent reporting period. Institutional investors own 58.11% of the company’s stock.

About Harbor Scientific Alpha Income ETF

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.