Columbia International Equity Income ETF (NYSEARCA:INEQ) Short Interest Update

Columbia International Equity Income ETF (NYSEARCA:INEQ) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 32,639 shares, a growth of 145.7% from the April 30th total of 13,286 shares. Approximately 1.6% of the shares of the company are short sold. Based on an average daily volume of 17,681 shares, the short-interest ratio is currently 1.8 days.

Columbia International Equity Income ETF Price Performance

Shares of INEQ traded down $0.31 during trading hours on Monday, hitting $39.99. The company’s stock had a trading volume of 33,131 shares, compared to its average volume of 21,249. The company has a market cap of $79.98 million, a price-to-earnings ratio of 13.51 and a beta of 0.60. The business has a 50 day simple moving average of $39.79 and a two-hundred day simple moving average of $39.22. Columbia International Equity Income ETF has a 52-week low of $32.69 and a 52-week high of $41.60.

Hedge Funds Weigh In On Columbia International Equity Income ETF

A number of large investors have recently modified their holdings of INEQ. Private Advisor Group LLC bought a new position in shares of Columbia International Equity Income ETF in the first quarter valued at approximately $7,913,000. Cetera Investment Advisers bought a new position in shares of Columbia International Equity Income ETF in the fourth quarter valued at approximately $2,390,000. Retirement Planning Group LLC bought a new position in shares of Columbia International Equity Income ETF in the first quarter valued at approximately $1,967,000. Citadel Advisors LLC bought a new position in shares of Columbia International Equity Income ETF in the third quarter valued at approximately $1,537,000. Finally, LPL Financial LLC boosted its position in shares of Columbia International Equity Income ETF by 25.9% in the fourth quarter. LPL Financial LLC now owns 89,666 shares of the company’s stock valued at $3,342,000 after acquiring an additional 18,421 shares during the period.

Columbia International Equity Income ETF Company Profile

The Columbia International Equity Income ETF (INEQ) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of dividend-paying companies in developed markets outside the US. The fund uses a proprietary, fundamental selection process with an exclusionary screen for ESG risk INEQ was launched on Jun 13, 2016 and is issued by Columbia Threadneedle.