Columbia International Equity Income ETF (NYSEARCA:INEQ) Shares Shorted: Short Interest Down 72.9% in October

Columbia International Equity Income ETF (NYSEARCA:INEQ) saw a significant drop in short interest in October. As of October 15th, there was short interest totaling 4,610 shares, a drop of 72.9% from the September 30th total of 16,982 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 36,971 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Columbia International Equity Income ETF

Hedge funds have recently bought and sold shares of the stock. Financial Insights Inc. increased its position in shares of Columbia International Equity Income ETF by 19.5% during the third quarter. Financial Insights Inc. now owns 68,241 shares of the company’s stock worth $2,707,000 after acquiring an additional 11,148 shares in the last quarter. Focused Alpha LLC bought a new stake in Columbia International Equity Income ETF in the 3rd quarter valued at $4,425,000. Retirement Planning Group LLC acquired a new position in Columbia International Equity Income ETF in the 3rd quarter worth $2,602,000. HBW Advisory Services LLC raised its stake in shares of Columbia International Equity Income ETF by 2.3% in the 3rd quarter. HBW Advisory Services LLC now owns 25,350 shares of the company’s stock valued at $1,005,000 after purchasing an additional 559 shares during the period. Finally, Legacy Financial Advisors Inc. boosted its position in shares of Columbia International Equity Income ETF by 5.7% during the second quarter. Legacy Financial Advisors Inc. now owns 6,503 shares of the company’s stock worth $251,000 after buying an additional 348 shares during the period.

Columbia International Equity Income ETF Stock Down 0.7%

Shares of INEQ traded down $0.27 during trading hours on Wednesday, reaching $39.10. The stock had a trading volume of 3,447 shares, compared to its average volume of 17,886. The company has a market cap of $93.84 million, a P/E ratio of 13.51 and a beta of 0.61. Columbia International Equity Income ETF has a 52 week low of $35.72 and a 52 week high of $42.65. The firm has a 50-day moving average of $40.63 and a 200 day moving average of $39.95.

Columbia International Equity Income ETF Company Profile

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.