Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Short Interest Update

Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 48,142 shares, a drop of 34.4% from the July 30th total of 73,403 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 117,922 shares, the short-interest ratio is currently 0.4 days.

Columbia Multi-Sector Municipal Income ETF Stock Up 0.2%

Shares of MUST stock opened at $19.97 on Thursday. Columbia Multi-Sector Municipal Income ETF has a 1 year low of $19.88 and a 1 year high of $21.10. The firm’s fifty day simple moving average is $20.39 and its 200 day simple moving average is $20.55.

Institutional Trading of Columbia Multi-Sector Municipal Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of MUST. Kestra Advisory Services LLC acquired a new position in shares of Columbia Multi-Sector Municipal Income ETF during the fourth quarter valued at about $56,000. EverSource Wealth Advisors LLC lifted its stake in shares of Columbia Multi-Sector Municipal Income ETF by 18.2% in the second quarter. EverSource Wealth Advisors LLC now owns 3,416 shares of the company’s stock valued at $69,000 after buying an additional 525 shares during the period. Farther Finance Advisors LLC grew its position in Columbia Multi-Sector Municipal Income ETF by 53.7% during the fourth quarter. Farther Finance Advisors LLC now owns 6,136 shares of the company’s stock worth $126,000 after buying an additional 2,143 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in Columbia Multi-Sector Municipal Income ETF during the first quarter worth about $214,000. Finally, Waverly Advisors LLC acquired a new stake in Columbia Multi-Sector Municipal Income ETF during the first quarter worth about $224,000.

Columbia Multi-Sector Municipal Income ETF Company Profile

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.