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

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

Institutional Trading of Columbia Research Enhanced Emerging Economies ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. acquired a new position in Columbia Research Enhanced Emerging Economies ETF during the third quarter valued at $126,458,000. Kingsview Wealth Management LLC acquired a new stake in Columbia Research Enhanced Emerging Economies ETF during the 4th quarter worth about $6,294,000. Bank of America Corp DE grew its position in Columbia Research Enhanced Emerging Economies ETF by 5.8% during the 1st quarter. Bank of America Corp DE now owns 451,944 shares of the company’s stock worth $12,989,000 after purchasing an additional 24,745 shares during the period. CIBC Bancorp USA Inc. purchased a new position in shares of Columbia Research Enhanced Emerging Economies ETF during the 3rd quarter valued at about $653,000. Finally, Jane Street Group LLC raised its stake in shares of Columbia Research Enhanced Emerging Economies ETF by 54.3% during the 1st quarter. Jane Street Group LLC now owns 46,910 shares of the company’s stock valued at $1,022,000 after buying an additional 16,512 shares during the last quarter.

Columbia Research Enhanced Emerging Economies ETF Price Performance

ECON traded down $0.18 during trading on Friday, reaching $35.53. 2,783 shares of the company’s stock were exchanged, 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 stock has a market capitalization of $348.19 million, a P/E ratio of 12.92 and a beta of 0.56. The company’s fifty day simple moving average is $34.64 and its 200-day simple moving average is $33.00.

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.