Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Shares Shorted: Short Interest Down 99.8% in October

Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 510 shares, a drop of 99.8% from the October 15th total of 301,994 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 379,664 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Columbia Multi-Sector Municipal Income ETF

A number of hedge funds have recently made changes to their positions in the business. Silver Oak Securities Incorporated bought a new stake in Columbia Multi-Sector Municipal Income ETF during the 3rd quarter valued at approximately $202,000. Waverly Advisors LLC purchased a new stake in Columbia Multi-Sector Municipal Income ETF in the 1st quarter worth $224,000. Robertson Stephens Wealth Management LLC purchased a new stake in Columbia Multi-Sector Municipal Income ETF in the 3rd quarter worth $278,000. Fifth Third Bancorp purchased a new stake in Columbia Multi-Sector Municipal Income ETF in the 1st quarter worth $467,000. Finally, Joseph Group Capital Management bought a new position in shares of Columbia Multi-Sector Municipal Income ETF during the 3rd quarter valued at about $466,000.

Columbia Multi-Sector Municipal Income ETF Stock Performance

MUST opened at $19.94 on Wednesday. Columbia Multi-Sector Municipal Income ETF has a fifty-two week low of $18.85 and a fifty-two week high of $21.10. The firm’s fifty day moving average is $19.56 and its 200 day moving average is $20.33.

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.