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

Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) saw a significant increase in short interest during the month of 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. Based on an average trading volume of 7,315 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Columbia Short Duration High Yield ETF stock. Jane Street Group LLC purchased a new position in shares of Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 29,604 shares of the company’s stock, valued at approximately $591,000. Jane Street Group LLC owned about 2.19% of Columbia Short Duration High Yield ETF at the end of the most recent reporting period.

Columbia Short Duration High Yield ETF Stock Down 0.0%

Shares of 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. Columbia Short Duration High Yield ETF has a 52-week low of $19.95 and a 52-week high of $20.50. The business has a 50 day moving average of $20.16 and a 200 day moving average of $20.21.

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.