Columbia U.S. Equity Income ETF (NYSEARCA:EQIN – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 43,023 shares, a growth of 77.3% from the September 30th total of 24,266 shares. Based on an average trading volume of 15,279 shares, the days-to-cover ratio is presently 2.8 days. Approximately 0.7% of the company’s shares are sold short.
Institutional Trading of Columbia U.S. Equity Income ETF
Several large investors have recently added to or reduced their stakes in the company. Western Wealth Management LLC acquired a new stake in shares of Columbia U.S. Equity Income ETF in the first quarter worth $49,000. Northwest Wealth Advisors LLC acquired a new position in Columbia U.S. Equity Income ETF during the first quarter valued at $226,000. Ameritas Advisory Services LLC purchased a new stake in Columbia U.S. Equity Income ETF in the 2nd quarter worth about $294,000. Citadel Advisors LLC purchased a new stake in Columbia U.S. Equity Income ETF in the 2nd quarter worth about $365,000. Finally, Ascentis Independent Advisors boosted its position in Columbia U.S. Equity Income ETF by 36.9% during the 1st quarter. Ascentis Independent Advisors now owns 15,624 shares of the company’s stock worth $768,000 after acquiring an additional 4,215 shares during the period.
Columbia U.S. Equity Income ETF Stock Performance
Shares of NYSEARCA:EQIN traded up $0.03 during mid-day trading on Monday, hitting $55.47. The stock had a trading volume of 10,492 shares, compared to its average volume of 16,641. The company has a market cap of $332.82 million, a PE ratio of 17.92 and a beta of 0.71. Columbia U.S. Equity Income ETF has a 12-month low of $45.33 and a 12-month high of $56.20. The company’s 50 day moving average is $53.50 and its 200-day moving average is $51.58.
About Columbia U.S. Equity Income ETF
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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