Columbia US High Yield ETF (NYSEARCA:NJNK) Short Interest Update

Columbia US High Yield ETF (NYSEARCA:NJNK) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 616 shares, a decline of 52.4% from the April 15th total of 1,295 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 5,918 shares, the days-to-cover ratio is currently 0.1 days.

Columbia US High Yield ETF Stock Performance

Shares of Columbia US High Yield ETF stock traded down $0.05 during trading on Friday, reaching $19.97. The company’s stock had a trading volume of 1,041 shares, compared to its average volume of 25,715. The company has a 50-day moving average price of $20.03 and a two-hundred day moving average price of $20.19. Columbia US High Yield ETF has a fifty-two week low of $19.69 and a fifty-two week high of $20.55.

Hedge Funds Weigh In On Columbia US High Yield ETF

Several institutional investors have recently bought and sold shares of NJNK. Ameriprise Financial Inc. increased its stake in Columbia US High Yield ETF by 63.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,040,050 shares of the company’s stock valued at $41,413,000 after buying an additional 795,000 shares during the period. LPL Financial LLC acquired a new position in Columbia US High Yield ETF in the 4th quarter valued at $786,000. Focused Alpha LLC acquired a new position in Columbia US High Yield ETF in the 4th quarter valued at $758,000. Finally, Jane Street Group LLC increased its stake in Columbia US High Yield ETF by 8.4% in the 2nd quarter. Jane Street Group LLC now owns 11,090 shares of the company’s stock valued at $225,000 after buying an additional 858 shares during the period.

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.