Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Shares Shorted: Short Interest Down 98.7% in September

Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 407 shares, a decline of 98.7% from the September 15th total of 31,250 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 237,339 shares, the short-interest ratio is presently 0.0 days.

Columbia Multi-Sector Municipal Income ETF Price Performance

NYSEARCA MUST traded up $0.06 on Friday, reaching $19.26. The stock had a trading volume of 87,977 shares, compared to its average volume of 153,415. Columbia Multi-Sector Municipal Income ETF has a 12-month low of $18.85 and a 12-month high of $21.10. The business’s 50-day moving average price is $19.82 and its 200 day moving average price is $20.28.

Hedge Funds Weigh In On Columbia Multi-Sector Municipal Income ETF

A number of institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC boosted its stake in Columbia Multi-Sector Municipal Income ETF by 199.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 41,073 shares of the company’s stock worth $854,000 after purchasing an additional 27,340 shares during the period. Waverly Advisors LLC grew its position in Columbia Multi-Sector Municipal Income ETF by 2,962.7% during the 2nd quarter. Waverly Advisors LLC now owns 334,757 shares of the company’s stock worth $6,963,000 after purchasing an additional 323,827 shares during the last quarter. Vested Financial Planning LLC acquired a new position in Columbia Multi-Sector Municipal Income ETF in the second quarter valued at $539,000. Concurrent Investment Advisors LLC increased its stake in Columbia Multi-Sector Municipal Income ETF by 2,712.1% in the second quarter. Concurrent Investment Advisors LLC now owns 410,031 shares of the company’s stock valued at $8,529,000 after purchasing an additional 395,450 shares during the period. Finally, Global Wealth Strategies & Associates raised its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 7.2% in the second quarter. Global Wealth Strategies & Associates now owns 176,439 shares of the company’s stock valued at $3,670,000 after buying an additional 11,917 shares during the last quarter.

Columbia Multi-Sector Municipal Income ETF Company Profile

The Columbia Multi-Sector Municipal Income ETF (MUST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index with fixed-weight exposure to multiple sectors of the US municipal bond market. Each sector is market-value weighted. MUST was launched on Oct 10, 2018 and is managed by Columbia.