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

Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) was the target of a significant growth in short interest in 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 daily volume of 17,911 shares, the short-interest ratio is presently 2.3 days. Approximately 0.7% of the shares of the company are sold short.

Columbia U.S. Equity Income ETF Trading Up 0.3%

Shares of Columbia U.S. Equity Income ETF stock traded up $0.16 on Friday, hitting $52.87. The stock had a trading volume of 2,243 shares, compared to its average volume of 17,801. The stock has a market cap of $301.36 million, a price-to-earnings ratio of 17.92 and a beta of 0.71. Columbia U.S. Equity Income ETF has a 52-week low of $44.01 and a 52-week high of $53.16. The company’s 50 day moving average price is $51.31 and its 200 day moving average price is $50.25.

Institutional Investors Weigh In On Columbia U.S. Equity Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EQIN. NewEdge Advisors LLC increased its holdings in shares of Columbia U.S. Equity Income ETF by 94.5% in the 3rd quarter. NewEdge Advisors LLC now owns 128,020 shares of the company’s stock valued at $5,977,000 after acquiring an additional 62,203 shares during the period. Stifel Financial Corp boosted its stake in Columbia U.S. Equity Income ETF by 43.4% during the 4th quarter. Stifel Financial Corp now owns 171,604 shares of the company’s stock worth $8,149,000 after purchasing an additional 51,946 shares during the period. Cetera Investment Advisers grew its position in Columbia U.S. Equity Income ETF by 125.9% during the 4th quarter. Cetera Investment Advisers now owns 73,184 shares of the company’s stock worth $3,476,000 after purchasing an additional 40,785 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Columbia U.S. Equity Income ETF by 316.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 49,210 shares of the company’s stock worth $2,337,000 after purchasing an additional 37,392 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in Columbia U.S. Equity Income ETF by 52.9% in 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 during the period.

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.