Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) Short Interest Up 8,705.9% in June

Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 11,888 shares, an increase of 8,705.9% from the June 15th total of 135 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 7,315 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Columbia Short Duration High Yield ETF stock. Ameriprise Financial Inc. grew its holdings in shares of Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) by 289.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 4,847,910 shares of the company’s stock after acquiring an additional 3,602,860 shares during the period. Ameriprise Financial Inc. owned about 98.14% of Columbia Short Duration High Yield ETF worth $98,517,000 as of its most recent SEC filing.

Columbia Short Duration High Yield ETF Price Performance

NYSEARCA:HYSD traded down $0.01 on Friday, hitting $20.12. The company had a trading volume of 7,084 shares, compared to its average volume of 3,141. The firm has a 50 day moving average of $20.16 and a two-hundred day moving average of $20.21. Columbia Short Duration High Yield ETF has a 52 week low of $19.95 and a 52 week high of $20.50.

Columbia Short Duration High Yield ETF Company Profile

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.