Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) Short Interest Down 90.8% in June

Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 21 shares, a drop of 90.8% from the June 15th total of 229 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 34 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Harbor Scientific Alpha Income ETF stock. International Assets Investment Management LLC acquired a new stake in Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,050 shares of the company’s stock, valued at approximately $46,000. International Assets Investment Management LLC owned about 0.14% of Harbor Scientific Alpha Income ETF at the end of the most recent reporting period. Hedge funds and other institutional investors own 58.11% of the company’s stock.

Harbor Scientific Alpha Income ETF Stock Down 0.1%

Shares of NYSEARCA:SIFI traded down $0.03 during midday trading on Friday, reaching $43.47. The company had a trading volume of 15 shares, compared to its average volume of 174. Harbor Scientific Alpha Income ETF has a 1-year low of $42.92 and a 1-year high of $44.75. The stock has a market cap of $33.47 million, a PE ratio of 47.77 and a beta of 0.26. The business’s 50 day moving average price is $43.55 and its 200 day moving average price is $43.70.

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.