Columbia Short Duration Bond ETF (NYSEARCA:SBND) Stock Short Interest Report for October

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 15,497 shares, a growth of 62.9% from the September 30th total of 9,512 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 73,462 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Columbia Short Duration Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in SBND. Kestra Advisory Services LLC boosted its position in shares of Columbia Short Duration Bond ETF by 267.6% during the first quarter. Kestra Advisory Services LLC now owns 78,661 shares of the company’s stock worth $1,478,000 after purchasing an additional 57,265 shares in the last quarter. Cetera Investment Advisers raised its position 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 buying an additional 514,439 shares during the last quarter. Spartan Wealth Advisory Services LLC bought a new stake in Columbia Short Duration Bond ETF in the 1st quarter valued at approximately $10,237,000. Western Wealth Management LLC acquired a new position in Columbia Short Duration Bond ETF during the 1st quarter worth approximately $64,000. Finally, Janney Montgomery Scott LLC boosted its position in Columbia Short Duration Bond ETF by 3.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 64,685 shares of the company’s stock worth $1,215,000 after acquiring an additional 2,140 shares during the last quarter.

Columbia Short Duration Bond ETF Stock Down 0.3%

NYSEARCA:SBND traded down $0.06 during mid-day trading on Monday, reaching $18.38. 1,860 shares of the company were exchanged, compared to its average volume of 95,846. Columbia Short Duration Bond ETF has a 12 month low of $18.18 and a 12 month high of $19.08. The company has a fifty day moving average of $18.44 and a 200 day moving average of $18.72.

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.