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 decline in short interest during the month of June. As of June 15th, there was short interest totaling 19,833 shares, a decline of 56.2% from the May 31st total of 45,230 shares. Based on an average trading volume of 15,526 shares, the short-interest ratio is presently 1.3 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On Columbia U.S. Equity Income ETF

Several hedge funds have recently added to or reduced their stakes in the company. Stablepoint Partners LLC lifted its stake in Columbia U.S. Equity Income ETF by 4.7% during the fourth quarter. Stablepoint Partners LLC now owns 8,876 shares of the company’s stock worth $422,000 after purchasing an additional 398 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Columbia U.S. Equity Income ETF by 3.7% during the 3rd quarter. Private Advisor Group LLC now owns 12,159 shares of the company’s stock valued at $568,000 after purchasing an additional 432 shares during the last quarter. Axis Wealth Partners LLC increased its position in shares of Columbia U.S. Equity Income ETF by 1.9% during the 1st quarter. Axis Wealth Partners LLC now owns 26,091 shares of the company’s stock valued at $1,282,000 after purchasing an additional 489 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of 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 valued at $75,000 after buying an additional 558 shares in the last quarter. Finally, Redwood Financial Network Corp raised its holdings in shares of Columbia U.S. Equity Income ETF by 2.4% during the 2nd quarter. Redwood Financial Network Corp now owns 26,021 shares of the company’s stock valued at $1,172,000 after buying an additional 606 shares in the last quarter.

Columbia U.S. Equity Income ETF Stock Performance

Shares of NYSEARCA:EQIN opened at $51.71 on Monday. Columbia U.S. Equity Income ETF has a 52-week low of $44.01 and a 52-week high of $52.50. The firm has a fifty day moving average of $50.74 and a 200 day moving average of $49.81. The firm has a market capitalization of $284.40 million, a PE ratio of 17.92 and a beta of 0.71.

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.