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

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

Columbia US High Yield ETF Stock Down 0.7%

Shares of NYSEARCA:NJNK traded down $0.14 during trading on Thursday, hitting $19.24. 1,080 shares of the company were exchanged, compared to its average volume of 14,431. Columbia US High Yield ETF has a fifty-two week low of $19.23 and a fifty-two week high of $20.55. The firm has a fifty day moving average price of $19.88 and a two-hundred day moving average price of $19.99.

Columbia US High Yield ETF Company Profile

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.