Columbia Short Duration High Yield ETF (NYSEARCA:HYSD – Get Free Report) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 4,412 shares, a decline of 75.1% from the July 15th total of 17,706 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,002 shares, the days-to-cover ratio is currently 0.6 days.
Columbia Short Duration High Yield ETF Stock Up 0.1%
Shares of HYSD traded up $0.02 on Thursday, hitting $20.03. The company’s stock had a trading volume of 13,574 shares, compared to its average volume of 3,786. The company has a 50 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 fifty-two week low of $19.95 and a fifty-two week high of $20.50.
Hedge Funds Weigh In On Columbia Short Duration High Yield ETF
An institutional investor recently raised its position in Columbia Short Duration High Yield ETF stock. Ameriprise Financial Inc. grew its stake in Columbia Short Duration High Yield ETF (NYSEARCA:HYSD – Free Report) by 289.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,847,910 shares of the company’s stock after purchasing an additional 3,602,860 shares during the quarter. Ameriprise Financial Inc. owned about 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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