Columbia Short Duration High Yield ETF (NYSEARCA:HYSD – Get Free Report) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 4,412 shares, a drop of 75.1% from the July 15th total of 17,706 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 8,002 shares, the short-interest ratio is currently 0.6 days.
Columbia Short Duration High Yield ETF Stock Performance
Shares of NYSEARCA HYSD traded down $0.02 during midday trading on Friday, hitting $20.01. The company’s stock had a trading volume of 2,503 shares, compared to its average volume of 3,799. The stock has a fifty day moving average price of $20.11 and a 200 day moving average price of $20.17. Columbia Short Duration High Yield ETF has a one year low of $19.95 and a one year high of $20.50.
Institutional Investors Weigh In On Columbia Short Duration High Yield ETF
A hedge fund recently raised its stake in Columbia Short Duration High Yield ETF stock. Ameriprise Financial Inc. lifted its stake in Columbia Short Duration High Yield ETF (NYSEARCA:HYSD – Free Report) by 289.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,847,910 shares of the company’s stock after acquiring an additional 3,602,860 shares during the period. Ameriprise Financial Inc. owned approximately 98.14% of Columbia Short Duration High Yield ETF worth $98,517,000 at the end of the most recent reporting 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.
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