Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Stock Short Interest Report for October
by Mitch Edgeman · The Markets DailyColumbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST – Get Free Report) was the target of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 510 shares, a decrease of 99.8% from the October 15th total of 301,994 shares. Based on an average trading volume of 379,664 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in MUST. Concurrent Investment Advisors LLC boosted its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 2,712.1% during the second quarter. Concurrent Investment Advisors LLC now owns 410,031 shares of the company’s stock worth $8,529,000 after purchasing an additional 395,450 shares during the last quarter. Waverly Advisors LLC grew its position in shares of Columbia Multi-Sector Municipal Income ETF by 2,962.7% in the second quarter. Waverly Advisors LLC now owns 334,757 shares of the company’s stock valued at $6,963,000 after purchasing an additional 323,827 shares during the period. Bank of America Corp DE grew its position in shares of Columbia Multi-Sector Municipal Income ETF by 27.1% in the first quarter. Bank of America Corp DE now owns 1,423,161 shares of the company’s stock valued at $29,189,000 after purchasing an additional 303,189 shares during the period. Spartan Wealth Advisory Services LLC purchased a new stake in shares of Columbia Multi-Sector Municipal Income ETF in the first quarter valued at $4,661,000. Finally, Commonwealth Equity Services LLC acquired a new position in Columbia Multi-Sector Municipal Income ETF in the third quarter valued at $3,017,000.
Columbia Multi-Sector Municipal Income ETF Stock Down 0.3%
Shares of MUST traded down $0.07 during trading hours on Tuesday, reaching $19.94. 114,154 shares of the company traded hands, compared to its average volume of 172,102. Columbia Multi-Sector Municipal Income ETF has a fifty-two week low of $18.85 and a fifty-two week high of $21.10. The stock has a fifty day simple moving average of $19.56 and a 200 day simple moving average of $20.33.
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.
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