Columbia US High Yield ETF (NYSEARCA:NJNK) Stock Short Interest Falls 38.1%

Columbia US High Yield ETF (NYSEARCA:NJNK) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 3,742 shares, a drop of 38.1% from the August 31st total of 6,043 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 1,782 shares, the days-to-cover ratio is presently 2.1 days.

Columbia US High Yield ETF Price Performance

NYSEARCA NJNK traded up $0.01 on Friday, reaching $19.36. The stock had a trading volume of 228 shares, compared to its average volume of 14,361. Columbia US High Yield ETF has a 12-month low of $19.23 and a 12-month high of $20.55. The business’s 50-day moving average price is $19.86 and its 200 day moving average price is $19.98.

Columbia US High Yield ETF Company Profile

The Columbia U.S. High Yield ETF (NJNK) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that invests in high-yield US corporate bonds of any maturity. The funds objective is to provide a high level of current income. NJNK was launched on Sep 5, 2024 and is issued by Columbia Threadneedle.