Columbia US High Yield ETF (NYSEARCA:NJNK – Get Free Report) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 616 shares, a decline of 52.4% from the April 15th total of 1,295 shares. Based on an average trading volume of 5,918 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. Ameriprise Financial Inc. lifted its position in shares of Columbia US High Yield ETF by 63.9% in the second quarter. Ameriprise Financial Inc. now owns 2,040,050 shares of the company’s stock worth $41,413,000 after buying an additional 795,000 shares in the last quarter. LPL Financial LLC bought a new stake in Columbia US High Yield ETF in the 4th quarter worth approximately $786,000. Focused Alpha LLC bought a new stake in Columbia US High Yield ETF in the 4th quarter worth approximately $758,000. Finally, Jane Street Group LLC raised its holdings in shares of Columbia US High Yield ETF by 8.4% during the 2nd quarter. Jane Street Group LLC now owns 11,090 shares of the company’s stock worth $225,000 after acquiring an additional 858 shares in the last quarter.
Columbia US High Yield ETF Price Performance
Shares of Columbia US High Yield ETF stock traded down $0.05 during trading hours on Friday, hitting $19.97. The company’s stock had a trading volume of 1,041 shares, compared to its average volume of 25,715. The business has a 50 day moving average price of $20.04 and a two-hundred day moving average price of $20.19. Columbia US High Yield ETF has a 12-month low of $19.69 and a 12-month high of $20.55.
About Columbia US High Yield ETF
The Columbia U.S. High Yield ETF (NJNK) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that invests in high-yield US corporate bonds of any maturity. The funds objective is to provide a high level of current income. NJNK was launched on Sep 5, 2024 and is issued by Columbia Threadneedle.
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