Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) Short Interest Up 453.1% in August

Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 177 shares, a growth of 453.1% from the July 30th total of 32 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 185 shares, the days-to-cover ratio is currently 1.0 days.

Harbor Scientific Alpha Income ETF Stock Performance

NYSEARCA:SIFI opened at $43.55 on Wednesday. The company has a 50-day moving average of $43.47 and a 200-day moving average of $43.58. The company has a market capitalization of $33.53 million, a price-to-earnings ratio of 47.86 and a beta of 0.26. Harbor Scientific Alpha Income ETF has a 52 week low of $42.92 and a 52 week high of $44.75.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Harbor Scientific Alpha Income ETF stock. Jane Street Group LLC boosted its holdings in shares of Harbor Scientific Alpha Income ETF (NYSEARCA:SIFI) by 163.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,943 shares of the company’s stock after purchasing an additional 14,844 shares during the period. Jane Street Group LLC owned about 3.11% of Harbor Scientific Alpha Income ETF worth $1,057,000 as of its most recent SEC filing. Hedge funds and other 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.