Columbia US High Yield ETF (NYSEARCA:NJNK) Shares Shorted: Short Interest Down 38.1% in September

Columbia US High Yield ETF (NYSEARCA:NJNK) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 3,742 shares, a drop of 38.1% from the August 31st total of 6,043 shares. Based on an average daily volume of 1,782 shares, the short-interest ratio is presently 2.1 days. Currently, 0.2% of the company’s stock are sold short.

Columbia US High Yield ETF Price Performance

NYSEARCA NJNK traded down $0.14 on Thursday, hitting $19.24. 1,080 shares of the stock traded hands, compared to its average volume of 14,431. Columbia US High Yield ETF has a 12 month low of $19.23 and a 12 month high of $20.55. The business’s fifty day moving average is $19.88 and its two-hundred day moving average is $19.99.

About Columbia US High Yield ETF

The Columbia U.S. High Yield ETF (NJNK) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that invests in high-yield US corporate bonds of any maturity. The funds objective is to provide a high level of current income. NJNK was launched on Sep 5, 2024 and is issued by Columbia Threadneedle.