Columbia Short Duration Bond ETF (NYSEARCA:SBND) Short Interest Update

Columbia Short Duration Bond ETF (NYSEARCA:SBND) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 14,310 shares, an increase of 638.0% from the July 30th total of 1,939 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 84,015 shares, the days-to-cover ratio is currently 0.2 days.

Columbia Short Duration Bond ETF Price Performance

Shares of Columbia Short Duration Bond ETF stock opened at $18.71 on Wednesday. The business’s 50 day simple moving average is $18.71 and its 200 day simple moving average is $18.79. Columbia Short Duration Bond ETF has a 52-week low of $18.54 and a 52-week high of $19.08.

Institutional Trading of Columbia Short Duration Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in SBND. Western Wealth Management LLC acquired a new stake in shares of Columbia Short Duration Bond ETF in the first quarter valued at approximately $64,000. Cetera Investment Advisers boosted its holdings in Columbia Short Duration Bond ETF by 1,133.6% during the first quarter. Cetera Investment Advisers now owns 559,822 shares of the company’s stock worth $10,516,000 after purchasing an additional 514,439 shares during the last quarter. Spartan Wealth Advisory Services LLC acquired a new position in Columbia Short Duration Bond ETF during the first quarter worth $10,237,000. Kestra Advisory Services LLC grew its position in Columbia Short Duration Bond ETF by 267.6% in the first quarter. Kestra Advisory Services LLC now owns 78,661 shares of the company’s stock valued at $1,478,000 after purchasing an additional 57,265 shares in the last quarter. Finally, Axis Wealth Partners LLC grew its position in Columbia Short Duration Bond ETF by 2.1% in the first quarter. Axis Wealth Partners LLC now owns 27,541 shares of the company’s stock valued at $517,000 after purchasing an additional 559 shares in the last quarter.

About Columbia Short Duration Bond ETF

The Columbia Short Duration Bond ETF (SBND) is an exchange-traded fund that is based on the Beta Advantage Short Term Bond index. The fund tracks an index comprised of six sub-indices from different segments within the fixed income space. The six sub-indices each have fixed weights within the fund. SBND was launched on Sep 21, 2021 and is managed by Columbia.