Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) Short Interest Update

by · The Cerbat Gem

Columbia U.S. Equity Income ETF (NYSEARCA:EQIN – Get Free Report) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 380,619 shares, a growth of 1,396.7% from the August 15th total of 25,431 shares. Approximately 6.6% of the company’s stock are short sold. Based on an average trading volume of 12,345 shares, the days-to-cover ratio is currently 30.8 days.

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

Shares of EQIN stock traded up $0.32 during trading on Friday, reaching $54.15. The company’s stock had a trading volume of 12,237 shares, compared to its average volume of 16,824. The business has a fifty day moving average price of $53.58 and a 200-day moving average price of $51.48. The company has a market cap of $314.07 million, a price-to-earnings ratio of 17.92 and a beta of 0.71. Columbia U.S. Equity Income ETF has a one year low of $45.33 and a one year high of $56.20.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Western Wealth Management LLC acquired a new position in shares of Columbia U.S. Equity Income ETF during the 1st quarter worth about $49,000. Global Retirement Partners LLC increased its position in shares of Columbia U.S. Equity Income ETF by 54.6% in the fourth 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 during the last quarter. Northwest Wealth Advisors LLC bought a new stake in Columbia U.S. Equity Income ETF during the first quarter worth about $226,000. Keudell Morrison Wealth Management bought a new stake in Columbia U.S. Equity Income ETF during the fourth quarter worth about $254,000. Finally, Ameritas Advisory Services LLC bought a new stake in Columbia U.S. Equity Income ETF during the second quarter worth about $294,000.

Columbia U.S. Equity Income ETF Company Profile

(Get Free Report)

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.

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