Columbia Research Enhanced Real Estate ETF (NYSEARCA:CRED) Short Interest Update

Columbia Research Enhanced Real Estate ETF (NYSEARCA:CRED) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 3 shares, a drop of 95.0% from the April 30th total of 60 shares. Based on an average trading volume of 591 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Columbia Research Enhanced Real Estate ETF

An institutional investor recently bought a new position in Columbia Research Enhanced Real Estate ETF stock. Y.D. More Investments Ltd purchased a new stake in shares of Columbia Research Enhanced Real Estate ETF (NYSEARCA:CRED) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,477 shares of the company’s stock, valued at approximately $30,000. Y.D. More Investments Ltd owned about 0.98% of Columbia Research Enhanced Real Estate ETF at the end of the most recent reporting period. Institutional investors and hedge funds own 46.29% of the company’s stock.

Columbia Research Enhanced Real Estate ETF Stock Performance

CRED traded down $0.16 during trading hours on Friday, reaching $22.73. The company’s stock had a trading volume of 704 shares, compared to its average volume of 225. The company’s 50-day moving average is $21.91 and its 200-day moving average is $21.21. Columbia Research Enhanced Real Estate ETF has a 52 week low of $19.82 and a 52 week high of $23.00. The firm has a market cap of $3.41 million, a PE ratio of 51.66 and a beta of 0.89.

Columbia Research Enhanced Real Estate ETF Company Profile

The Columbia Research Enhanced Real Estate ETF (CRED) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index comprised of US REITs. The strategy is based on a multi-factor criteria evaluated by Columbia Threadneedle and Lionstone Investments. CRED was launched on Apr 26, 2023 and is managed by Columbia Threadneedle.