Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) Short Interest Down 56.2% in June

Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 19,833 shares, a decrease of 56.2% from the May 31st total of 45,230 shares. Based on an average daily volume of 15,526 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Trading of Columbia U.S. Equity Income ETF

Large investors have recently made changes to their positions in the company. Mcdonald Partners LLC lifted its stake in Columbia U.S. Equity Income ETF by 164.1% in the fourth quarter. Mcdonald Partners LLC now owns 17,233 shares of the company’s stock worth $818,000 after acquiring an additional 10,707 shares during the last quarter. Cornerstone Financial Management LLC acquired a new position in Columbia U.S. Equity Income ETF during the 4th quarter worth approximately $1,237,000. Prism Advisors Inc. increased its position in shares of Columbia U.S. Equity Income ETF by 6.1% in the 4th quarter. Prism Advisors Inc. now owns 35,964 shares of the company’s stock valued at $1,708,000 after purchasing an additional 2,053 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Columbia U.S. Equity Income ETF by 44.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 21,502 shares of the company’s stock valued at $1,048,000 after purchasing an additional 6,660 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Columbia U.S. Equity Income ETF by 2.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 655,874 shares of the company’s stock valued at $29,540,000 after purchasing an additional 17,920 shares in the last quarter.

Columbia U.S. Equity Income ETF Stock Performance

EQIN stock traded down $0.32 during mid-day trading on Tuesday, reaching $51.30. The company had a trading volume of 14,544 shares, compared to its average volume of 17,754. The company has a market capitalization of $282.15 million, a price-to-earnings ratio of 17.92 and a beta of 0.71. The firm has a fifty day simple moving average of $50.79 and a 200 day simple moving average of $49.87. Columbia U.S. Equity Income ETF has a fifty-two week low of $44.01 and a fifty-two week high of $52.50.

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.