Columbia Research Enhanced Core ETF (NYSEARCA:RECS) Shares Shorted: Short Interest Up 227.1% in October

Columbia Research Enhanced Core ETF (NYSEARCA:RECS) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 307,722 shares, an increase of 227.1% from the September 30th total of 94,084 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 637,856 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Columbia Research Enhanced Core ETF

Several institutional investors have recently added to or reduced their stakes in RECS. Community Financial Services Group LLC acquired a new stake in Columbia Research Enhanced Core ETF in the second quarter valued at $63,000. Latitude Advisors LLC bought a new position in shares of Columbia Research Enhanced Core ETF in the third quarter valued at about $73,000. Atlas Private Wealth Advisors acquired a new position in shares of Columbia Research Enhanced Core ETF in the third quarter valued at approximately $205,000. Barnes Pettey Financial Advisors LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF during the first quarter worth $206,000. Finally, Aire Advisors LLC bought a new position in shares of Columbia Research Enhanced Core ETF during the first quarter worth approximately $249,000.

Columbia Research Enhanced Core ETF Trading Down 1.5%

Shares of RECS traded down $0.67 during mid-day trading on Friday, hitting $44.95. 270,181 shares of the company traded hands, compared to its average volume of 558,842. The stock has a market capitalization of $6.13 billion, a price-to-earnings ratio of 22.01 and a beta of 0.92. Columbia Research Enhanced Core ETF has a one year low of $37.79 and a one year high of $46.03. The business has a 50-day moving average of $45.41 and a 200 day moving average of $42.98.

Columbia Research Enhanced Core ETF Company Profile

The Columbia Research Enhanced Core ETF (RECS) 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. The index uses multifactor selection and market cap weighting. RECS was launched on Sep 25, 2019 and is managed by Columbia.