Columbia International Equity Income ETF (NYSEARCA:INEQ) Stock Short Interest Declines 72.9%

Columbia International Equity Income ETF (NYSEARCA:INEQ) was the recipient of a significant drop in short interest during the month of 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. Based on an average daily volume of 36,971 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s shares are short sold.

Columbia International Equity Income ETF Stock Down 1.1%

INEQ traded down $0.42 on Friday, reaching $38.98. The company had a trading volume of 2,734 shares, compared to its average volume of 17,771. Columbia International Equity Income ETF has a 1 year low of $35.72 and a 1 year high of $42.65. The stock has a market capitalization of $93.54 million, a PE ratio of 13.51 and a beta of 0.61. The stock has a 50-day moving average price of $40.53 and a 200-day moving average price of $39.97.

Institutional Investors Weigh In On Columbia International Equity Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Retirement Planning Group LLC bought a new stake in shares of Columbia International Equity Income ETF during the 1st quarter worth about $1,967,000. Cetera Investment Advisers grew its holdings in shares of Columbia International Equity Income ETF by 74.1% during the first quarter. Cetera Investment Advisers now owns 111,639 shares of the company’s stock valued at $4,359,000 after buying an additional 47,525 shares in the last quarter. Focused Alpha LLC purchased a new position in Columbia International Equity Income ETF during the 3rd quarter valued at about $4,425,000. Private Advisor Group LLC acquired a new stake in shares of Columbia International Equity Income ETF during the first quarter worth approximately $7,913,000. Finally, Financial Insights Inc. boosted its position in 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 valued at $2,707,000 after purchasing an additional 11,148 shares during the last quarter.

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.