Columbia International Equity Income ETF (NYSEARCA:INEQ) Short Interest Update

Columbia International Equity Income ETF (NYSEARCA:INEQ) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 48,972 shares, a growth of 90.1% from the May 31st total of 25,766 shares. Approximately 2.4% of the company’s shares are sold short. Based on an average daily volume of 23,131 shares, the short-interest ratio is currently 2.1 days.

Institutional Investors Weigh In On Columbia International Equity Income ETF

A number of institutional investors have recently modified their holdings of the company. Cetera Investment Advisers increased its holdings in shares of Columbia International Equity Income ETF by 74.1% during 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 holdings in shares of Columbia International Equity Income ETF by 42.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 17,761 shares of the company’s stock worth $693,000 after purchasing an additional 5,317 shares in the last quarter. Retirement Planning Group LLC acquired a new stake in Columbia International Equity Income ETF in the 1st quarter valued at $1,967,000. HBW Advisory Services LLC grew its position in Columbia International Equity Income ETF by 23.1% in the 1st quarter. HBW Advisory Services LLC now owns 23,491 shares of the company’s stock valued at $917,000 after purchasing an additional 4,404 shares during the period. Finally, VestGen Advisors LLC bought a new stake in Columbia International Equity Income ETF during the 4th quarter valued at $246,000.

Columbia International Equity Income ETF Trading Down 0.2%

NYSEARCA:INEQ traded down $0.09 during trading hours on Wednesday, hitting $38.44. 7,792 shares of the company were exchanged, compared to its average volume of 20,499. The stock has a market capitalization of $76.88 million, a price-to-earnings ratio of 13.51 and a beta of 0.59. Columbia International Equity Income ETF has a one year low of $32.69 and a one year high of $41.60. The company has a fifty day simple moving average of $39.78 and a 200 day simple moving average of $39.32.

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.