Columbia Short Duration Bond ETF (NYSEARCA:SBND) Sees Large Drop in Short Interest

Columbia Short Duration Bond ETF (NYSEARCA:SBND) was the recipient of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 18 shares, a decline of 99.9% from the October 15th total of 15,497 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 135,589 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Columbia Short Duration Bond ETF

Large investors have recently bought and sold shares of the stock. Western Wealth Management LLC purchased a new stake in shares of Columbia Short Duration Bond ETF during the first quarter valued at approximately $64,000. Warner Group LLC raised its holdings in Columbia Short Duration Bond ETF by 96.8% during the 3rd quarter. Warner Group LLC now owns 77,968 shares of the company’s stock valued at $1,426,000 after buying an additional 38,354 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in Columbia Short Duration Bond ETF by 267.6% during the 1st quarter. Kestra Advisory Services LLC now owns 78,661 shares of the company’s stock valued at $1,478,000 after buying an additional 57,265 shares during the last quarter. Private Advisor Group LLC purchased a new stake in Columbia Short Duration Bond ETF during the 3rd quarter valued at $3,160,000. Finally, Commonwealth Equity Services LLC purchased a new stake in Columbia Short Duration Bond ETF during the 3rd quarter valued at $3,571,000.

Columbia Short Duration Bond ETF Trading Down 0.2%

Shares of NYSEARCA SBND traded down $0.04 during midday trading on Thursday, reaching $18.34. The company had a trading volume of 252,949 shares, compared to its average volume of 116,127. Columbia Short Duration Bond ETF has a one year low of $18.18 and a one year high of $19.08. The firm’s fifty day moving average price is $18.40 and its 200-day moving average price is $18.70.

Columbia Short Duration Bond ETF Company Profile

The Columbia Short Duration Bond ETF (SBND) is an exchange-traded fund that is based on the Beta Advantage Short Term Bond index. The fund tracks an index comprised of six sub-indices from different segments within the fixed income space. The six sub-indices each have fixed weights within the fund. SBND was launched on Sep 21, 2021 and is managed by Columbia.