Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Stock Short Interest Report for October

Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 301,994 shares, a growth of 74,100.0% from the September 30th total of 407 shares. Based on an average trading volume of 345,031 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Columbia Multi-Sector Municipal Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Robertson Stephens Wealth Management LLC acquired a new stake in shares of Columbia Multi-Sector Municipal Income ETF in the third quarter valued at about $278,000. Integrated Wealth Concepts LLC boosted its position in Columbia Multi-Sector Municipal Income ETF by 199.1% during the second quarter. Integrated Wealth Concepts LLC now owns 41,073 shares of the company’s stock worth $854,000 after acquiring an additional 27,340 shares during the last quarter. Waverly Advisors LLC grew its stake in Columbia Multi-Sector Municipal Income ETF by 2,962.7% during the 2nd quarter. Waverly Advisors LLC now owns 334,757 shares of the company’s stock valued at $6,963,000 after acquiring an additional 323,827 shares in the last quarter. Vested Financial Planning LLC purchased a new stake in Columbia Multi-Sector Municipal Income ETF during the 2nd quarter valued at about $539,000. Finally, Concurrent Investment Advisors LLC grew its stake in Columbia Multi-Sector Municipal Income ETF by 2,712.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 410,031 shares of the company’s stock valued at $8,529,000 after acquiring an additional 395,450 shares in the last quarter.

Columbia Multi-Sector Municipal Income ETF Stock Performance

Shares of NYSEARCA MUST traded up $0.05 during midday trading on Monday, hitting $19.79. The stock had a trading volume of 273,563 shares, compared to its average volume of 162,917. The stock has a 50 day simple moving average of $19.64 and a 200-day simple moving average of $20.21. Columbia Multi-Sector Municipal Income ETF has a 1 year low of $18.85 and a 1 year high of $21.10.

Columbia Multi-Sector Municipal Income ETF Company Profile

The Columbia Multi-Sector Municipal Income ETF (MUST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index with fixed-weight exposure to multiple sectors of the US municipal bond market. Each sector is market-value weighted. MUST was launched on Oct 10, 2018 and is managed by Columbia.