Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) Shares Shorted: Short Interest Up 77.3% in October

Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 43,023 shares, an increase of 77.3% from the September 30th total of 24,266 shares. Based on an average trading volume of 15,279 shares, the days-to-cover ratio is presently 2.8 days. Approximately 0.7% of the company’s shares are sold short.

Columbia U.S. Equity Income ETF Stock Down 0.6%

NYSEARCA EQIN traded down $0.33 during trading on Tuesday, hitting $55.15. The stock had a trading volume of 1,878 shares, compared to its average volume of 16,569. The firm has a 50 day moving average price of $53.53 and a 200 day moving average price of $51.61. The company has a market capitalization of $330.87 million, a PE ratio of 17.92 and a beta of 0.71. Columbia U.S. Equity Income ETF has a twelve month low of $45.33 and a twelve month high of $56.20.

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

Several hedge funds and other institutional investors have recently bought and sold shares of EQIN. Sowell Financial Services LLC purchased a new stake in shares of Columbia U.S. Equity Income ETF in the third quarter valued at about $20,216,000. Cetera Investment Advisers grew its holdings in Columbia U.S. Equity Income ETF by 28.6% in the first quarter. Cetera Investment Advisers now owns 94,141 shares of the company’s stock valued at $4,627,000 after purchasing an additional 20,957 shares during the last quarter. Cornerstone Financial Management LLC lifted its holdings in shares of Columbia U.S. Equity Income ETF by 6.2% in the second quarter. Cornerstone Financial Management LLC now owns 27,466 shares of the company’s stock valued at $1,409,000 after purchasing an additional 1,603 shares in the last quarter. Parcion Private Wealth LLC increased its position in Columbia U.S. Equity Income ETF by 1.0% during the third quarter. Parcion Private Wealth LLC now owns 18,844 shares of the company’s stock worth $965,000 after buying an additional 188 shares in the last quarter. Finally, Ascentis Independent Advisors lifted its holdings in Columbia U.S. Equity Income ETF by 36.9% in the 1st quarter. Ascentis Independent Advisors now owns 15,624 shares of the company’s stock valued at $768,000 after purchasing an additional 4,215 shares in the last quarter.

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.