Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) Short Interest Down 90.4% in June

Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 135 shares, a drop of 90.4% from the May 31st total of 1,410 shares. Based on an average daily volume of 6,540 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of Columbia Short Duration High Yield ETF

A number of large investors have recently made changes to their positions in the company. Jane Street Group LLC bought a new position in shares of Columbia Short Duration High Yield ETF during the first quarter worth about $591,000. Ameriprise Financial Inc. boosted its position in Columbia Short Duration High Yield ETF by 289.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,847,910 shares of the company’s stock worth $98,517,000 after acquiring an additional 3,602,860 shares during the last quarter. Finally, Envestnet Asset Management Inc. acquired a new position in Columbia Short Duration High Yield ETF during the 3rd quarter worth approximately $1,088,000.

Columbia Short Duration High Yield ETF Stock Up 0.1%

Shares of NYSEARCA HYSD traded up $0.02 during mid-day trading on Thursday, hitting $20.19. The company’s stock had a trading volume of 13,058 shares, compared to its average volume of 2,608. Columbia Short Duration High Yield ETF has a one year low of $19.95 and a one year high of $20.50. The company’s fifty day simple moving average is $20.19 and its 200-day simple moving average is $20.23.

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.