Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) Short Interest Down 75.1% in July

Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 4,412 shares, a decrease of 75.1% from the July 15th total of 17,706 shares. Based on an average trading volume of 8,002 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the company’s shares are short sold.

Columbia Short Duration High Yield ETF Trading Up 0.1%

Shares of NYSEARCA:HYSD traded up $0.02 during trading on Thursday, hitting $20.03. 13,574 shares of the company’s stock traded hands, compared to its average volume of 3,786. Columbia Short Duration High Yield ETF has a 52 week low of $19.95 and a 52 week high of $20.50. The company has a 50-day moving average price of $20.11 and a 200-day moving average price of $20.17.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Columbia Short Duration High Yield ETF stock. Jane Street Group LLC grew its stake in Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) by 42.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,182 shares of the company’s stock after buying an additional 12,578 shares during the quarter. Jane Street Group LLC owned 0.85% of Columbia Short Duration High Yield ETF worth $857,000 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.