Columbia Short Duration High Yield ETF (NYSEARCA:HYSD – Get Free Report) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 135 shares, a decrease of 90.4% from the May 31st total of 1,410 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 6,540 shares, the days-to-cover ratio is presently 0.0 days.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC bought a new position in Columbia Short Duration High Yield ETF during the first quarter worth about $591,000. Envestnet Asset Management Inc. bought a new stake in Columbia Short Duration High Yield ETF in the 3rd quarter valued at about $1,088,000. Finally, Ameriprise Financial Inc. grew its position in shares of 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 in the last quarter.
Columbia Short Duration High Yield ETF Trading Up 0.1%
Columbia Short Duration High Yield ETF stock traded up $0.02 during midday trading on Thursday, reaching $20.19. 13,058 shares of the company’s stock were exchanged, compared to its average volume of 2,608. The stock’s 50-day simple moving average is $20.19 and its 200 day simple moving average is $20.23. Columbia Short Duration High Yield ETF has a 52 week low of $19.95 and a 52 week high of $20.50.
About Columbia Short Duration High Yield ETF
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.
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