Short Interest in Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) Rises By 1,396.7%

Columbia U.S. Equity Income ETF (NYSEARCA:EQINGet Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 380,619 shares, a growth of 1,396.7% from the August 15th total of 25,431 shares. Currently, 6.6% of the company’s shares are short sold. Based on an average trading volume of 12,345 shares, the short-interest ratio is presently 30.8 days.

Columbia U.S. Equity Income ETF Trading Up 0.6%

EQIN stock traded up $0.31 during midday trading on Friday, hitting $54.14. 2,767 shares of the company’s stock were exchanged, compared to its average volume of 16,758. Columbia U.S. Equity Income ETF has a 1-year low of $45.33 and a 1-year high of $56.20. The stock has a market capitalization of $314.02 million, a PE ratio of 17.92 and a beta of 0.71. The business has a 50-day simple moving average of $53.55 and a two-hundred day simple moving average of $51.46.

Institutional Trading of Columbia U.S. Equity Income ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Private Advisor Group LLC boosted its position in shares of Columbia U.S. Equity Income ETF by 3.7% during the third quarter. Private Advisor Group LLC now owns 12,159 shares of the company’s stock worth $568,000 after buying an additional 432 shares during the period. Axis Wealth Partners LLC boosted its position in Columbia U.S. Equity Income ETF by 1.9% in the 1st quarter. Axis Wealth Partners LLC now owns 26,091 shares of the company’s stock valued at $1,282,000 after buying an additional 489 shares during the period. Global Retirement Partners LLC grew its stake in Columbia U.S. Equity Income ETF by 54.6% during the 4th quarter. Global Retirement Partners LLC now owns 1,580 shares of the company’s stock worth $75,000 after purchasing an additional 558 shares in the last quarter. Redwood Financial Network Corp raised its position in Columbia U.S. Equity Income ETF by 2.4% in the 2nd quarter. Redwood Financial Network Corp now owns 26,021 shares of the company’s stock valued at $1,172,000 after purchasing an additional 606 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in Columbia U.S. Equity Income ETF by 1.0% in the 2nd quarter. NewEdge Advisors LLC now owns 65,817 shares of the company’s stock valued at $2,964,000 after purchasing an additional 673 shares in the last quarter.

Columbia U.S. Equity Income ETF Company Profile

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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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