Columbia Research Enhanced Real Estate ETF (NYSEARCA:CRED) Sees Large Increase in Short Interest

Columbia Research Enhanced Real Estate ETF (NYSEARCA:CRED) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 29 shares, an increase of 314.3% from the June 15th total of 7 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 285 shares, the short-interest ratio is currently 0.1 days.

Columbia Research Enhanced Real Estate ETF Stock Performance

Shares of CRED stock remained flat at $22.74 during trading hours on Monday. The stock had a trading volume of 21 shares, compared to its average volume of 254. The stock has a market cap of $3.41 million, a P/E ratio of 51.68 and a beta of 0.86. Columbia Research Enhanced Real Estate ETF has a 1-year low of $19.82 and a 1-year high of $23.27. The business’s fifty day moving average price is $22.78 and its 200 day moving average price is $21.68.

Institutional Trading of Columbia Research Enhanced Real Estate ETF

An institutional investor recently bought a new position in Columbia Research Enhanced Real Estate ETF stock. Y.D. More Investments Ltd acquired a new stake in shares of Columbia Research Enhanced Real Estate ETF (NYSEARCA:CRED) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,477 shares of the company’s stock, valued at approximately $30,000. Y.D. More Investments Ltd owned 0.98% of Columbia Research Enhanced Real Estate ETF at the end of the most recent quarter. 46.29% of the stock is owned by hedge funds and other institutional investors.

Columbia Research Enhanced Real Estate ETF Company Profile

The Columbia Research Enhanced Real Estate ETF (CRED) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index comprised of US REITs. The strategy is based on a multi-factor criteria evaluated by Columbia Threadneedle and Lionstone Investments. CRED was launched on Apr 26, 2023 and is managed by Columbia Threadneedle.