Columbia International Equity Income ETF (NYSEARCA:INEQ) Short Interest Up 145.7% in May

Columbia International Equity Income ETF (NYSEARCA:INEQ) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 32,639 shares, an increase of 145.7% from the April 30th total of 13,286 shares. Currently, 1.6% of the company’s stock are short sold. Based on an average trading volume of 17,681 shares, the short-interest ratio is presently 1.8 days.

Columbia International Equity Income ETF Trading Up 0.3%

NYSEARCA:INEQ opened at $40.30 on Friday. The firm has a market cap of $80.60 million, a PE ratio of 13.51 and a beta of 0.60. The stock has a fifty day moving average price of $39.76 and a 200 day moving average price of $39.21. Columbia International Equity Income ETF has a 12-month low of $32.69 and a 12-month high of $41.60.

Hedge Funds Weigh In On Columbia International Equity Income ETF

Several hedge funds and other institutional investors have recently made changes to their positions in INEQ. Western Wealth Management LLC acquired a new position in shares of Columbia International Equity Income ETF during the first quarter worth about $28,000. Cetera Investment Advisers raised its holdings in Columbia International Equity Income ETF by 74.1% in the first quarter. Cetera Investment Advisers now owns 111,639 shares of the company’s stock valued at $4,359,000 after acquiring an additional 47,525 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Columbia International Equity Income ETF by 42.7% in the first quarter. PNC Financial Services Group Inc. now owns 17,761 shares of the company’s stock worth $693,000 after acquiring an additional 5,317 shares during the last quarter. Retirement Planning Group LLC acquired a new position in Columbia International Equity Income ETF during the 1st quarter worth approximately $1,967,000. Finally, HBW Advisory Services LLC grew its holdings in Columbia International Equity Income ETF by 23.1% during the 1st quarter. HBW Advisory Services LLC now owns 23,491 shares of the company’s stock worth $917,000 after acquiring an additional 4,404 shares in the last quarter.

About Columbia International Equity Income ETF

The Columbia International Equity Income ETF (INEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of dividend-paying companies in developed markets outside the US. The fund uses a proprietary, fundamental selection process with an exclusionary screen for ESG risk INEQ was launched on Jun 13, 2016 and is issued by Columbia Threadneedle.