Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) Short Interest Down 42.3% in July

Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 24,086 shares, a decrease of 42.3% from the June 30th total of 41,762 shares. Based on an average daily trading volume, of 20,537 shares, the short-interest ratio is presently 1.2 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Trading of Columbia U.S. Equity Income ETF

Large investors have recently bought and sold shares of the stock. Ameriprise Financial Inc. raised its holdings in shares of Columbia U.S. Equity Income ETF by 2.8% during the second quarter. Ameriprise Financial Inc. now owns 655,874 shares of the company’s stock worth $29,540,000 after purchasing an additional 17,920 shares during the last quarter. Sowell Financial Services LLC grew its position in Columbia U.S. Equity Income ETF by 4.4% during the 4th quarter. Sowell Financial Services LLC now owns 182,747 shares of the company’s stock worth $8,679,000 after purchasing an additional 7,715 shares during the period. Stifel Financial Corp grew its position in Columbia U.S. Equity Income ETF by 43.4% during the 4th quarter. Stifel Financial Corp now owns 171,604 shares of the company’s stock worth $8,149,000 after purchasing an additional 51,946 shares during the period. NewEdge Advisors LLC raised its stake in shares of Columbia U.S. Equity Income ETF by 94.5% during the 3rd quarter. NewEdge Advisors LLC now owns 128,020 shares of the company’s stock valued at $5,977,000 after buying an additional 62,203 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of Columbia U.S. Equity Income ETF by 52.9% during the 2nd quarter. Raymond James Financial Inc. now owns 95,499 shares of the company’s stock valued at $4,301,000 after buying an additional 33,025 shares during the last quarter.

Columbia U.S. Equity Income ETF Trading Down 0.4%

Shares of EQIN stock traded down $0.22 during trading hours on Wednesday, reaching $53.52. 8,595 shares of the company’s stock were exchanged, compared to its average volume of 17,379. Columbia U.S. Equity Income ETF has a 1 year low of $44.01 and a 1 year high of $53.85. The stock has a market cap of $305.06 million, a PE ratio of 17.92 and a beta of 0.71. The stock’s fifty day moving average price is $51.78 and its two-hundred day moving average price is $50.52.

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.