Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) Sees Significant Increase in Short Interest

Columbia Short Duration High Yield ETF (NYSEARCA:HYSD) saw a significant 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. Based on an average daily trading volume, of 7,315 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.2% of the company’s shares are sold short.

Columbia Short Duration High Yield ETF Stock Performance

Shares of HYSD traded down $0.01 during midday trading on Friday, hitting $20.12. The stock had a trading volume of 7,084 shares, compared to its average volume of 3,141. The business has a 50-day simple moving average of $20.16 and a two-hundred day simple moving average of $20.21. 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 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) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 29,604 shares of the company’s stock, valued at approximately $591,000. Jane Street Group LLC owned approximately 2.19% of Columbia Short Duration High Yield ETF as of its most recent filing with the Securities and Exchange Commission.

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.