Short Interest in Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) Grows By 81.1%

Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 37,778 shares, a growth of 81.1% from the April 15th total of 20,855 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 16,300 shares, the days-to-cover ratio is currently 2.3 days.

Columbia U.S. Equity Income ETF Trading Up 1.0%

Shares of NYSEARCA EQIN opened at $50.14 on Tuesday. The firm has a market capitalization of $275.77 million, a PE ratio of 17.92 and a beta of 0.72. Columbia U.S. Equity Income ETF has a 1 year low of $43.39 and a 1 year high of $51.74. The firm’s 50-day moving average is $49.64 and its 200-day moving average is $48.85.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Global Retirement Partners LLC raised its position in shares of Columbia U.S. Equity Income ETF by 54.6% in the 4th 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 period. Ameritas Advisory Services LLC acquired a new stake in Columbia U.S. Equity Income ETF during the 3rd quarter worth approximately $141,000. Northwest Wealth Advisors LLC acquired a new stake in Columbia U.S. Equity Income ETF during the 1st quarter worth approximately $226,000. Collier Financial acquired a new stake in Columbia U.S. Equity Income ETF during the 3rd quarter worth approximately $254,000. Finally, Keudell Morrison Wealth Management acquired a new stake in Columbia U.S. Equity Income ETF during the 4th quarter worth approximately $254,000.

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.