Short Interest in Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) Rises By 110.6%

Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 41,762 shares, a growth of 110.6% from the June 15th total of 19,833 shares. Based on an average trading volume of 17,911 shares, the short-interest ratio is currently 2.3 days. Approximately 0.7% of the shares of the stock are short sold.

Columbia U.S. Equity Income ETF Stock Performance

Shares of Columbia U.S. Equity Income ETF stock traded up $0.43 on Thursday, hitting $52.71. The company’s stock had a trading volume of 12,895 shares, compared to its average volume of 17,922. The company has a market capitalization of $300.45 million, a price-to-earnings ratio of 17.92 and a beta of 0.71. Columbia U.S. Equity Income ETF has a 1 year low of $44.01 and a 1 year high of $52.94. The firm has a fifty day moving average price of $51.31 and a 200-day moving average price of $50.25.

Institutional Trading of Columbia U.S. Equity Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Ameriprise Financial Inc. lifted its position in shares of Columbia U.S. Equity Income ETF by 2.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 655,874 shares of the company’s stock valued at $29,540,000 after buying an additional 17,920 shares in the last quarter. Sowell Financial Services LLC increased its holdings in Columbia U.S. Equity Income ETF by 4.4% in the 4th quarter. Sowell Financial Services LLC now owns 182,747 shares of the company’s stock worth $8,679,000 after acquiring an additional 7,715 shares in the last quarter. Stifel Financial Corp raised its position in Columbia U.S. Equity Income ETF by 43.4% during the fourth quarter. Stifel Financial Corp now owns 171,604 shares of the company’s stock worth $8,149,000 after acquiring an additional 51,946 shares during the period. NewEdge Advisors LLC lifted its holdings in Columbia U.S. Equity Income ETF by 94.5% during the third quarter. NewEdge Advisors LLC now owns 128,020 shares of the company’s stock valued at $5,977,000 after purchasing an additional 62,203 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in Columbia U.S. Equity Income ETF by 52.9% during the second quarter. Raymond James Financial Inc. now owns 95,499 shares of the company’s stock valued at $4,301,000 after purchasing an additional 33,025 shares in the last quarter.

About Columbia U.S. Equity Income ETF

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