Short Interest in Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) Decreases By 75.1%

Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 4,412 shares, a drop of 75.1% from the July 15th total of 17,706 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 8,002 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Columbia Short Duration High Yield ETF

An institutional investor recently bought a new position in Columbia Short Duration High Yield ETF stock. Jane Street Group LLC acquired a new position in shares of Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 29,604 shares of the company’s stock, valued at approximately $591,000. Jane Street Group LLC owned approximately 2.19% of Columbia Short Duration High Yield ETF at the end of the most recent quarter.

Columbia Short Duration High Yield ETF Stock Down 0.1%

Columbia Short Duration High Yield ETF stock traded down $0.02 during trading on Friday, hitting $20.01. The company had a trading volume of 2,503 shares, compared to its average volume of 3,799. Columbia Short Duration High Yield ETF has a 1-year low of $19.95 and a 1-year high of $20.50. The company’s 50 day simple moving average is $20.11 and its 200-day simple moving average is $20.17.

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.