Short Interest in Columbia US High Yield ETF (NYSEARCA:NJNK) Expands By 135.8%

Columbia US High Yield ETF (NYSEARCA:NJNK) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 2,169 shares, an increase of 135.8% from the May 14th total of 920 shares. Based on an average daily trading volume, of 3,575 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Columbia US High Yield ETF

Large investors have recently bought and sold shares of the company. Ameriprise Financial Inc. raised its position in shares of Columbia US High Yield ETF by 63.9% in the second quarter. Ameriprise Financial Inc. now owns 2,040,050 shares of the company’s stock valued at $41,413,000 after buying an additional 795,000 shares during the last quarter. LPL Financial LLC acquired a new stake in shares of Columbia US High Yield ETF in the fourth quarter valued at about $786,000. Focused Alpha LLC acquired a new stake in shares of Columbia US High Yield ETF in the fourth quarter valued at about $758,000. Finally, Jane Street Group LLC raised its position in shares of Columbia US High Yield ETF by 8.4% in the second quarter. Jane Street Group LLC now owns 11,090 shares of the company’s stock valued at $225,000 after buying an additional 858 shares during the last quarter.

Columbia US High Yield ETF Trading Up 0.0%

NYSEARCA:NJNK opened at $20.07 on Friday. Columbia US High Yield ETF has a 12 month low of $19.69 and a 12 month high of $20.55. The stock has a 50 day moving average of $20.08 and a two-hundred day moving average of $20.17.

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.