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

Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 41,762 shares, an increase of 110.6% from the June 15th total of 19,833 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 17,911 shares, the days-to-cover ratio is currently 2.3 days.

Columbia U.S. Equity Income ETF Stock Performance

Shares of EQIN stock traded down $0.03 during trading hours on Wednesday, reaching $52.28. The company had a trading volume of 11,406 shares, compared to its average volume of 17,959. The company has a market capitalization of $298.00 million, a P/E ratio of 17.92 and a beta of 0.71. Columbia U.S. Equity Income ETF has a twelve month low of $44.01 and a twelve month high of $52.94. The stock’s fifty day simple moving average is $51.22 and its 200 day simple moving average is $50.18.

Hedge Funds Weigh In On Columbia U.S. Equity Income ETF

A number of institutional investors have recently made changes to their positions in EQIN. Stablepoint Partners LLC boosted its position in shares of Columbia U.S. Equity Income ETF by 4.7% during the fourth quarter. Stablepoint Partners LLC now owns 8,876 shares of the company’s stock worth $422,000 after buying an additional 398 shares during the period. Private Advisor Group LLC increased its position in Columbia U.S. Equity Income ETF by 3.7% in the 3rd quarter. Private Advisor Group LLC now owns 12,159 shares of the company’s stock valued at $568,000 after acquiring an additional 432 shares during the period. Axis Wealth Partners LLC raised its stake in Columbia U.S. Equity Income ETF by 1.9% during the 1st quarter. Axis Wealth Partners LLC now owns 26,091 shares of the company’s stock valued at $1,282,000 after acquiring an additional 489 shares in the last quarter. Global Retirement Partners LLC raised its stake in Columbia U.S. Equity Income ETF by 54.6% during the 4th quarter. Global Retirement Partners LLC now owns 1,580 shares of the company’s stock valued at $75,000 after acquiring an additional 558 shares in the last quarter. Finally, Redwood Financial Network Corp boosted its position in Columbia U.S. Equity Income ETF by 2.4% during the 2nd quarter. Redwood Financial Network Corp now owns 26,021 shares of the company’s stock worth $1,172,000 after acquiring an additional 606 shares during the period.

Columbia U.S. Equity Income ETF Company Profile

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.