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

Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 24,086 shares, a drop of 42.3% from the June 30th total of 41,762 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 20,537 shares, the short-interest ratio is presently 1.2 days.

Columbia U.S. Equity Income ETF Price Performance

NYSEARCA EQIN traded up $0.07 on Friday, hitting $52.93. 11,030 shares of the company’s stock were exchanged, compared to its average volume of 17,302. The firm’s 50-day moving average price is $51.93 and its two-hundred day moving average price is $50.59. Columbia U.S. Equity Income ETF has a fifty-two week low of $44.01 and a fifty-two week high of $53.85. The firm has a market cap of $306.99 million, a price-to-earnings ratio of 17.92 and a beta of 0.71.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EQIN. Western Wealth Management LLC purchased a new stake in shares of Columbia U.S. Equity Income ETF during the 1st quarter worth $49,000. Global Retirement Partners LLC lifted its stake 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 purchasing an additional 558 shares during the period. Northwest Wealth Advisors LLC purchased a new stake in Columbia U.S. Equity Income ETF during the first quarter worth about $226,000. Keudell Morrison Wealth Management acquired a new position in Columbia U.S. Equity Income ETF during the fourth quarter worth about $254,000. Finally, Envestnet Asset Management Inc. increased its holdings in Columbia U.S. Equity Income ETF by 36.4% in the third quarter. Envestnet Asset Management Inc. now owns 7,633 shares of the company’s stock valued at $356,000 after buying an additional 2,037 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.