Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) Short Interest Down 90.4% in June

Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) saw a large decrease in short interest in 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. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 6,540 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Columbia Short Duration High Yield ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in Columbia Short Duration High Yield ETF in the first quarter valued at approximately $591,000. Envestnet Asset Management Inc. acquired a new stake in Columbia Short Duration High Yield ETF during the third quarter worth $1,088,000. Finally, Ameriprise Financial Inc. raised its position in Columbia Short Duration High Yield ETF by 289.4% in the second quarter. Ameriprise Financial Inc. now owns 4,847,910 shares of the company’s stock valued at $98,517,000 after purchasing an additional 3,602,860 shares during the period.

Columbia Short Duration High Yield ETF Price Performance

Shares of NYSEARCA HYSD remained flat at $20.19 during trading on Friday. The stock had a trading volume of 12,645 shares, compared to its average volume of 2,690. Columbia Short Duration High Yield ETF has a fifty-two week low of $19.95 and a fifty-two week high of $20.50. The company’s 50-day moving average is $20.19 and its two-hundred day moving average is $20.23.

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.