Columbia Research Enhanced Value ETF (NYSEARCA:REVS) Short Interest Update

Columbia Research Enhanced Value ETF (NYSEARCA:REVS) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 22,694 shares, a growth of 95.0% from the May 31st total of 11,635 shares. Based on an average daily volume of 35,991 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Western Wealth Management LLC bought a new position in shares of Columbia Research Enhanced Value ETF during the 1st quarter valued at about $29,000. Steward Partners Investment Advisory LLC bought a new position in Columbia Research Enhanced Value ETF during the fourth quarter valued at approximately $37,000. Cetera Investment Advisers purchased a new position in Columbia Research Enhanced Value ETF during the 1st quarter valued at approximately $300,000. Private Advisor Group LLC bought a new stake in Columbia Research Enhanced Value ETF in the 3rd quarter worth approximately $448,000. Finally, Essex Financial Services Inc. raised its holdings in shares of Columbia Research Enhanced Value ETF by 108.5% during the 4th quarter. Essex Financial Services Inc. now owns 24,626 shares of the company’s stock worth $697,000 after acquiring an additional 12,815 shares in the last quarter.

Columbia Research Enhanced Value ETF Price Performance

Shares of NYSEARCA:REVS traded up $0.34 during mid-day trading on Wednesday, reaching $31.78. 13,633 shares of the company traded hands, compared to its average volume of 54,256. Columbia Research Enhanced Value ETF has a 52 week low of $26.28 and a 52 week high of $32.21. The firm has a market cap of $292.38 million, a PE ratio of 16.41 and a beta of 0.80. The company’s 50 day moving average price is $31.18 and its 200-day moving average price is $29.83.

About Columbia Research Enhanced Value ETF

The Columbia Research Enhanced Value ETF (REVS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US stocks pulled from the Russell 1000 Value Index. REVS index uses multifactor selection and market cap weighting. REVS was launched on Sep 25, 2019 and is managed by Columbia.