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

Columbia Short Duration Bond ETF (NYSEARCA:SBND) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 18,772 shares, a drop of 58.6% from the June 30th total of 45,293 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 178,803 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Columbia Short Duration Bond ETF

Large investors have recently made changes to their positions in the business. Spartan Wealth Advisory Services LLC acquired a new stake in Columbia Short Duration Bond ETF in the 1st quarter valued at approximately $10,237,000. Cetera Investment Advisers boosted its holdings in 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. LPL Financial LLC increased its holdings in shares of Columbia Short Duration Bond ETF by 623.2% during the 4th quarter. LPL Financial LLC now owns 574,020 shares of the company’s stock worth $10,863,000 after purchasing an additional 494,651 shares during the period. Bank of America Corp DE increased its holdings in shares of Columbia Short Duration Bond ETF by 144.9% during the 3rd quarter. Bank of America Corp DE now owns 403,792 shares of the company’s stock worth $7,662,000 after purchasing an additional 238,922 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Columbia Short Duration Bond ETF during the fourth quarter valued at about $3,178,000.

Columbia Short Duration Bond ETF Stock Up 0.1%

Columbia Short Duration Bond ETF stock traded up $0.02 on Tuesday, reaching $18.69. 135,471 shares of the stock were exchanged, compared to its average volume of 97,552. Columbia Short Duration Bond ETF has a twelve month low of $18.54 and a twelve month high of $19.08. The firm has a fifty day moving average price of $18.74 and a two-hundred day moving average price of $18.83.

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.