Short Interest in Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) Grows By 8,705.9%

Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 11,888 shares, a growth of 8,705.9% from the June 15th total of 135 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 7,315 shares, the short-interest ratio is currently 1.6 days.

Hedge Funds Weigh In On Columbia Short Duration High Yield ETF

A hedge fund recently bought a new stake in Columbia Short Duration High Yield ETF stock. Jane Street Group LLC acquired a new position in shares of Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 29,604 shares of the company’s stock, valued at approximately $591,000. Jane Street Group LLC owned about 2.19% of Columbia Short Duration High Yield ETF as of its most recent SEC filing.

Columbia Short Duration High Yield ETF Stock Performance

NYSEARCA:HYSD traded down $0.01 during mid-day trading on Friday, reaching $20.12. The stock had a trading volume of 7,084 shares, compared to its average volume of 3,141. Columbia Short Duration High Yield ETF has a 12 month low of $19.95 and a 12 month high of $20.50. The stock has a 50-day simple moving average of $20.16 and a two-hundred day simple moving average of $20.21.

About Columbia Short Duration High Yield ETF

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.