SIFI Stock Summary and Trading Ideas (Harbor Scientific Alpha Income ETF | ARCA:SIFI)

The Fund invests primarily in fixed income instruments, including fixed income derivative instruments such as credit default swaps and U.S. Treasury futures. The Fund may invest in exchange-traded funds to manage aggregate portfolio exposures. The Fund may also invest in the securities of foreign issuers, including emerging market bonds. The Fund may invest a majority of its assets in below investment-grade corporate bonds, commonly referred to as high yield or junk bonds, or unrated securities that BlueCoveLimited (the Subadviser ) considers to be of an equivalent credit quality. The Subadviser determines whether a bond is rated below investment grade using a composite rating calculated by assigning a numerical value to those ratings of Moody s, S&P and Fitch which are available for the bond and averaging those amounts to determine the rating.

Harbor Scientific Alpha Income ETF trades on the ARCA stock market under the symbol SIFI.

As of April 23, 2024, SIFI stock price climbed to $42.70 with 223 million shares trading.

SIFI has a market cap of $33.09 million. This is considered a Sub-Micro Cap stock.

SIFI has underperformed the market in the last year with a return of +5.3%, while the SPY ETF gained +24.3%. In the last 3 month period, SIFI fell short of the market, returning -0.3%, while SPY returned +4.9%. However, in the most recent 2 weeks SIFI has outperformed the stock market by returning -0.5%, while SPY returned -2.5%.

SIFI support price is $42.47 and resistance is $42.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SIFI stock will trade within this expected range on the day.