Columbia Short Duration Bond ETF (NYSEARCA:SBND) Shares Shorted: Short Interest Down 99.9% in October

Columbia Short Duration Bond ETF (NYSEARCA:SBND) was the recipient of a significant decline in short interest in 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. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 135,589 shares, the short-interest ratio is currently 0.0 days.

Columbia Short Duration Bond ETF Stock Down 0.3%

NYSEARCA:SBND traded down $0.05 on Tuesday, reaching $18.40. The company’s stock had a trading volume of 220,257 shares, compared to its average volume of 115,830. Columbia Short Duration Bond ETF has a 1-year low of $18.18 and a 1-year high of $19.08. The business’s 50-day moving average price is $18.40 and its two-hundred day moving average price is $18.70.

Hedge Funds Weigh In On Columbia Short Duration Bond ETF

Several institutional investors have recently modified their holdings of the business. Cetera Investment Advisers grew its position in shares of Columbia Short Duration Bond ETF by 1,133.6% in the 1st quarter. Cetera Investment Advisers now owns 559,822 shares of the company’s stock valued at $10,516,000 after purchasing an additional 514,439 shares during the period. Spartan Wealth Advisory Services LLC acquired a new stake in Columbia Short Duration Bond ETF during the 1st quarter worth approximately $10,237,000. Commonwealth Equity Services LLC acquired a new stake in Columbia Short Duration Bond ETF during the 3rd quarter worth approximately $3,571,000. Kestra Advisory Services LLC raised its holdings in Columbia Short Duration Bond ETF by 105.4% during the 3rd quarter. Kestra Advisory Services LLC now owns 150,938 shares of the company’s stock worth $2,761,000 after buying an additional 77,439 shares during the period. Finally, Warner Group LLC lifted its stake in Columbia Short Duration Bond ETF by 96.8% in the third 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 in the last quarter.

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.