Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) Shares Shorted: Short Interest Down 93.7% in September

by · The Markets Daily

Columbia U.S. Equity Income ETF (NYSEARCA:EQIN – Get Free Report) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 23,998 shares, a decline of 93.7% from the August 31st total of 380,619 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 19,674 shares, the days-to-cover ratio is presently 1.2 days.

Columbia U.S. Equity Income ETF Stock Performance

EQIN stock traded down $0.11 during mid-day trading on Friday, reaching $52.05. 5,929 shares of the stock traded hands, compared to its average volume of 16,673. Columbia U.S. Equity Income ETF has a one year low of $45.33 and a one year high of $56.20. The stock has a market capitalization of $307.10 million, a PE ratio of 17.92 and a beta of 0.71. The business has a 50-day moving average price of $53.70 and a two-hundred day moving average price of $51.65.

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

Large investors have recently made changes to their positions in the company. Citadel Advisors LLC purchased a new stake in Columbia U.S. Equity Income ETF in the 2nd quarter worth about $365,000. Cornerstone Financial Management LLC boosted its position in shares of Columbia U.S. Equity Income ETF by 6.2% during the second quarter. Cornerstone Financial Management LLC now owns 27,466 shares of the company’s stock valued at $1,409,000 after buying an additional 1,603 shares during the period. Ameritas Advisory Services LLC purchased a new position in shares of Columbia U.S. Equity Income ETF during the second quarter valued at approximately $294,000. Western Wealth Management LLC bought a new position in shares of Columbia U.S. Equity Income ETF during the first quarter valued at approximately $49,000. Finally, Cetera Investment Advisers grew its stake in shares of Columbia U.S. Equity Income ETF by 28.6% during the first quarter. Cetera Investment Advisers now owns 94,141 shares of the company’s stock valued at $4,627,000 after buying an additional 20,957 shares during the last quarter.

About Columbia U.S. Equity Income ETF

(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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