Short Interest in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Rises By 333.3%

Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 37,700 shares, a growth of 333.3% from the September 15th total of 8,700 shares. Based on an average daily trading volume, of 119,200 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 119,200 shares, the short-interest ratio is currently 0.3 days.

Columbia Multi-Sector Municipal Income ETF Price Performance

NYSEARCA:MUST opened at $20.61 on Monday. Columbia Multi-Sector Municipal Income ETF has a 1-year low of $19.00 and a 1-year high of $22.10. The business’s fifty day moving average price is $20.33 and its 200 day moving average price is $20.10.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Larson Financial Group LLC acquired a new position in Columbia Multi-Sector Municipal Income ETF during the first quarter valued at $44,000. EverSource Wealth Advisors LLC increased its position in Columbia Multi-Sector Municipal Income ETF by 18.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,416 shares of the company’s stock worth $69,000 after purchasing an additional 525 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in Columbia Multi-Sector Municipal Income ETF in the 2nd quarter worth about $77,000. Private Trust Co. NA acquired a new position in Columbia Multi-Sector Municipal Income ETF in the 3rd quarter worth about $111,000. Finally, ORG Partners LLC acquired a new position in Columbia Multi-Sector Municipal Income ETF in the 2nd quarter worth about $209,000.

About Columbia Multi-Sector Municipal Income ETF

The Columbia Multi-Sector Municipal Income ETF (MUST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index with fixed-weight exposure to multiple sectors of the US municipal bond market. Each sector is market-value weighted. MUST was launched on Oct 10, 2018 and is managed by Columbia.