Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) Short Interest Update

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 2,371 shares, a decrease of 89.1% from the May 14th total of 21,829 shares. Based on an average daily volume of 14,915 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. acquired a new position in Columbia Research Enhanced Emerging Economies ETF during the third quarter worth $126,458,000. Bank of America Corp DE lifted its stake in Columbia Research Enhanced Emerging Economies ETF by 0.6% during the second quarter. Bank of America Corp DE now owns 453,265 shares of the company’s stock worth $10,867,000 after purchasing an additional 2,547 shares in the last quarter. Kingsview Wealth Management LLC acquired a new position in Columbia Research Enhanced Emerging Economies ETF during the fourth quarter worth $6,294,000. Jane Street Group LLC raised its stake in shares of Columbia Research Enhanced Emerging Economies ETF by 6.0% in 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, Royal Bank of Canada raised its stake in shares of Columbia Research Enhanced Emerging Economies ETF by 1.6% in the fourth quarter. Royal Bank of Canada now owns 35,962 shares of the company’s stock valued at $983,000 after acquiring an additional 574 shares in the last quarter.

Columbia Research Enhanced Emerging Economies ETF Stock Up 5.2%

NYSEARCA:ECON traded up $1.77 during trading hours on Thursday, reaching $35.90. 6,279 shares of the stock were exchanged, compared to its average volume of 38,139. The business has a 50-day moving average of $33.16 and a two-hundred day moving average of $30.36. Columbia Research Enhanced Emerging Economies ETF has a twelve month low of $22.98 and a twelve month high of $37.45. The company has a market capitalization of $366.18 million, a price-to-earnings ratio of 12.92 and a beta of 0.55.

About Columbia Research Enhanced Emerging Economies ETF

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.