Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Stock Short Interest Report for October

Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 301,994 shares, an increase of 74,100.0% from the September 30th total of 407 shares. Based on an average daily volume of 345,031 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Ascentis Independent Advisors acquired a new stake in Columbia Multi-Sector Municipal Income ETF during the first quarter worth about $214,000. Waverly Advisors LLC acquired a new position in Columbia Multi-Sector Municipal Income ETF in the 1st quarter valued at about $224,000. Robertson Stephens Wealth Management LLC purchased a new stake in shares of Columbia Multi-Sector Municipal Income ETF in the 3rd quarter valued at approximately $278,000. Fifth Third Bancorp purchased a new stake in shares of Columbia Multi-Sector Municipal Income ETF in the 1st quarter valued at approximately $467,000. Finally, Vested Financial Planning LLC purchased a new stake in shares of Columbia Multi-Sector Municipal Income ETF in the 2nd quarter valued at approximately $539,000.

Columbia Multi-Sector Municipal Income ETF Stock Performance

Columbia Multi-Sector Municipal Income ETF stock traded up $0.05 during trading on Monday, reaching $19.79. 273,563 shares of the company were exchanged, compared to its average volume of 162,917. Columbia Multi-Sector Municipal Income ETF has a 52-week low of $18.85 and a 52-week high of $21.10. The stock’s 50 day simple moving average is $19.64 and its two-hundred day simple moving average is $20.21.

About Columbia Multi-Sector Municipal Income ETF

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.