Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) Short Interest Down 65.0% in August

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 2,344 shares, a drop of 65.0% from the July 30th total of 6,705 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 98,096 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Columbia Research Enhanced Emerging Economies ETF

Institutional investors have recently made changes to their positions in the company. Corient Private Wealth LP acquired a new position in shares of Columbia Research Enhanced Emerging Economies ETF in the 2nd quarter valued at $204,000. Karnit Road Accident Victims Compensation Fund acquired a new stake in Columbia Research Enhanced Emerging Economies ETF during the fourth quarter valued at $238,000. Raymond James Financial Inc. grew its position in Columbia Research Enhanced Emerging Economies ETF by 42,278.3% during the third quarter. Raymond James Financial Inc. now owns 9,747 shares of the company’s stock valued at $258,000 after buying an additional 9,724 shares during the period. CIBC Bancorp USA Inc. purchased a new position in Columbia Research Enhanced Emerging Economies ETF in the third quarter valued at $653,000. Finally, CIBC Private Wealth Group LLC increased its holdings 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 buying an additional 2,714 shares in the last quarter.

Columbia Research Enhanced Emerging Economies ETF Price Performance

NYSEARCA:ECON traded down $0.18 during trading hours on Friday, reaching $35.53. The company had a trading volume of 2,783 shares, compared to its average volume of 34,796. Columbia Research Enhanced Emerging Economies ETF has a 1-year low of $24.58 and a 1-year high of $38.18. The firm has a market cap of $348.19 million, a PE ratio of 12.92 and a beta of 0.56. The business’s 50 day moving average price is $34.64 and its 200-day moving average price is $33.00.

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.