Short Interest in Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) Expands By 51.0%

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 6,705 shares, an increase of 51.0% from the July 15th total of 4,440 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 10,596 shares, the days-to-cover ratio is currently 0.6 days.

Columbia Research Enhanced Emerging Economies ETF Stock Down 2.1%

NYSEARCA:ECON traded down $0.76 during trading hours on Tuesday, reaching $34.62. The company had a trading volume of 389 shares, compared to its average volume of 35,673. Columbia Research Enhanced Emerging Economies ETF has a twelve month low of $24.58 and a twelve month high of $38.18. The firm has a market cap of $339.28 million, a price-to-earnings ratio of 12.92 and a beta of 0.56. The business’s 50-day simple moving average is $34.83 and its two-hundred day simple moving average is $32.69.

Institutional Trading of Columbia Research Enhanced Emerging Economies ETF

Large investors have recently made changes to their positions in the company. Royal Bank of Canada increased its position in Columbia Research Enhanced Emerging Economies ETF by 1.6% in the 4th quarter. Royal Bank of Canada now owns 35,962 shares of the company’s stock valued at $983,000 after buying an additional 574 shares in the last quarter. Bank of America Corp DE boosted its holdings in Columbia Research Enhanced Emerging Economies ETF by 0.6% in the second quarter. Bank of America Corp DE now owns 453,265 shares of the company’s stock worth $10,867,000 after acquiring an additional 2,547 shares in the last quarter. CIBC Private Wealth Group LLC grew its stake in Columbia Research Enhanced Emerging Economies ETF by 11.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 27,349 shares of the company’s stock valued at $747,000 after acquiring an additional 2,714 shares during the period. Jane Street Group LLC increased its holdings in shares of Columbia Research Enhanced Emerging Economies ETF by 6.0% during the second quarter. Jane Street Group LLC now owns 49,720 shares of the company’s stock valued at $1,192,000 after acquiring an additional 2,810 shares in the last quarter. Finally, Karnit Road Accident Victims Compensation Fund bought a new stake in shares of Columbia Research Enhanced Emerging Economies ETF during the fourth quarter valued at approximately $238,000.

Columbia Research Enhanced Emerging Economies ETF Company Profile

The Columbia Emerging Markets Consumer ETF (ECON) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of 60 emerging-market companies in consumer-oriented sectors. ECON was launched on Sep 14, 2010 and is managed by Columbia.