Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) Short Interest Up 81.1% in April

Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 37,778 shares, a growth of 81.1% from the April 15th total of 20,855 shares. Based on an average trading volume of 16,300 shares, the short-interest ratio is presently 2.3 days. Currently, 0.7% of the company’s stock are sold short.

Columbia U.S. Equity Income ETF Price Performance

EQIN opened at $50.04 on Wednesday. Columbia U.S. Equity Income ETF has a fifty-two week low of $43.39 and a fifty-two week high of $51.74. The firm has a market capitalization of $275.22 million, a PE ratio of 17.92 and a beta of 0.72. The company’s 50-day moving average is $49.64 and its 200 day moving average is $48.87.

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

Institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its stake in 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 buying an additional 62,203 shares during the last quarter. Stifel Financial Corp increased its stake in Columbia U.S. Equity Income ETF by 43.4% in the 4th quarter. Stifel Financial Corp now owns 171,604 shares of the company’s stock valued at $8,149,000 after buying an additional 51,946 shares during the last quarter. Cetera Investment Advisers increased its stake in Columbia U.S. Equity Income ETF by 125.9% in the 4th quarter. Cetera Investment Advisers now owns 73,184 shares of the company’s stock valued at $3,476,000 after buying an additional 40,785 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Columbia U.S. Equity Income ETF by 316.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 49,210 shares of the company’s stock valued at $2,337,000 after buying an additional 37,392 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in shares of Columbia U.S. Equity Income ETF by 52.9% during the 2nd quarter. Raymond James Financial Inc. now owns 95,499 shares of the company’s stock worth $4,301,000 after purchasing an additional 33,025 shares during 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.