Columbia Short Duration Bond ETF (NYSEARCA:SBND) Short Interest Update

Columbia Short Duration Bond ETF (NYSEARCA:SBND) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 22,000 shares, a growth of 80.3% from the September 30th total of 12,200 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 30,000 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 30,000 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Stenger Family Office LLC bought a new position in shares of Columbia Short Duration Bond ETF during the 2nd quarter valued at $381,000. Osaic Holdings Inc. raised its holdings in shares of Columbia Short Duration Bond ETF by 81.9% during the 2nd quarter. Osaic Holdings Inc. now owns 23,791 shares of the company’s stock valued at $448,000 after purchasing an additional 10,710 shares in the last quarter. Daymark Wealth Partners LLC bought a new position in shares of Columbia Short Duration Bond ETF during the 2nd quarter valued at $542,000. Janney Montgomery Scott LLC raised its holdings in shares of Columbia Short Duration Bond ETF by 6.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 49,454 shares of the company’s stock valued at $931,000 after purchasing an additional 3,184 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of Columbia Short Duration Bond ETF by 394.0% during the 1st quarter. Jane Street Group LLC now owns 96,538 shares of the company’s stock valued at $1,795,000 after purchasing an additional 76,996 shares in the last quarter.

Columbia Short Duration Bond ETF Stock Performance

Columbia Short Duration Bond ETF stock opened at $18.98 on Monday. The firm’s fifty day simple moving average is $18.96 and its 200-day simple moving average is $18.77. Columbia Short Duration Bond ETF has a 1-year low of $18.22 and a 1-year high of $19.07.

About Columbia Short Duration Bond ETF

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.