Short Interest in Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) Decreases By 90.4%

Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 135 shares, a decline 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. Approximately 0.0% of the shares of the company are sold short.

Columbia Short Duration High Yield ETF Stock Down 0.0%

Shares of NYSEARCA HYSD traded down $0.01 during trading on Friday, hitting $20.18. The company had a trading volume of 9,929 shares, compared to its average volume of 2,659. Columbia Short Duration High Yield ETF has a 12 month low of $19.95 and a 12 month high of $20.50. The stock has a 50 day simple moving average of $20.19 and a 200 day simple moving average of $20.23.

Institutional Trading of Columbia Short Duration High Yield ETF

A number of hedge funds and other institutional investors have recently modified their holdings of HYSD. Ameriprise Financial Inc. lifted its stake in shares of 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 valued at $98,517,000 after buying an additional 3,602,860 shares in the last quarter. Envestnet Asset Management Inc. purchased a new stake in Columbia Short Duration High Yield ETF in the 3rd quarter worth $1,088,000. Finally, Jane Street Group LLC raised its holdings in Columbia Short Duration High Yield ETF by 42.5% during the second quarter. Jane Street Group LLC now owns 42,182 shares of the company’s stock valued at $857,000 after acquiring an additional 12,578 shares during the period.

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.