Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) Short Interest Up 494.1% in April

Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 8,912 shares, a growth of 494.1% from the April 15th total of 1,500 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 3,373 shares, the short-interest ratio is currently 2.6 days.

Institutional Trading of Columbia Short Duration High Yield ETF

A number of large investors have recently bought and sold shares of the business. Ameriprise Financial Inc. boosted its stake in Columbia Short Duration High Yield ETF by 289.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,847,910 shares of the company’s stock worth $98,517,000 after purchasing an additional 3,602,860 shares during the period. Envestnet Asset Management Inc. acquired a new stake in Columbia Short Duration High Yield ETF during the 3rd quarter worth $1,088,000. Finally, Jane Street Group LLC boosted its stake in Columbia Short Duration High Yield ETF by 42.5% during the 2nd quarter. Jane Street Group LLC now owns 42,182 shares of the company’s stock worth $857,000 after purchasing an additional 12,578 shares during the period.

Columbia Short Duration High Yield ETF Price Performance

Shares of NYSEARCA HYSD remained flat at $20.17 during mid-day trading on Thursday. 1,018 shares of the company were exchanged, compared to its average volume of 1,702. The stock has a 50-day simple moving average of $20.16 and a 200 day simple moving average of $20.25. Columbia Short Duration High Yield ETF has a 1 year low of $19.95 and a 1 year high of $20.50.

Columbia Short Duration High Yield ETF Company Profile

The Columbia Short Duration High Yield ETF (HYSD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in corporate debt securities and floating rate loans rated below investment grade. The fund aims to have a dollar-weighted average effective maturity of five years or less. HYSD was launched on Sep 5, 2024 and is issued by Columbia Threadneedle.