Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Shares Shorted: Short Interest Down 98.7% in September

Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 407 shares, a decline of 98.7% from the September 15th total of 31,250 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 237,339 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC grew its holdings in Columbia Multi-Sector Municipal Income ETF by 2.9% during the first quarter. Janney Montgomery Scott LLC now owns 32,281 shares of the company’s stock worth $662,000 after acquiring an additional 915 shares during the period. Cetera Investment Advisers boosted its position in Columbia Multi-Sector Municipal Income ETF by 2.2% during the first quarter. Cetera Investment Advisers now owns 127,296 shares of the company’s stock worth $2,611,000 after purchasing an additional 2,801 shares in the last quarter. Genesis Private Wealth LLC boosted its position in Columbia Multi-Sector Municipal Income ETF by 2.3% during the first quarter. Genesis Private Wealth LLC now owns 129,360 shares of the company’s stock worth $2,653,000 after purchasing an additional 2,867 shares in the last quarter. Arbor Capital Management Inc. ADV grew its holdings in Columbia Multi-Sector Municipal Income ETF by 6.8% in the first quarter. Arbor Capital Management Inc. ADV now owns 82,823 shares of the company’s stock valued at $1,704,000 after purchasing an additional 5,308 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in Columbia Multi-Sector Municipal Income ETF in the first quarter valued at $214,000.

Columbia Multi-Sector Municipal Income ETF Stock Up 0.3%

MUST traded up $0.06 on Friday, hitting $19.26. 87,977 shares of the company traded hands, compared to its average volume of 153,415. Columbia Multi-Sector Municipal Income ETF has a 12-month low of $18.85 and a 12-month high of $21.10. The company has a 50 day moving average of $19.82 and a 200-day moving average of $20.28.

About Columbia Multi-Sector Municipal Income ETF

The Columbia Multi-Sector Municipal Income ETF (MUST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index with fixed-weight exposure to multiple sectors of the US municipal bond market. Each sector is market-value weighted. MUST was launched on Oct 10, 2018 and is managed by Columbia.