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

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 9,881 shares, an increase of 316.7% from the May 31st total of 2,371 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 9,891 shares, the short-interest ratio is presently 1.0 days.

Hedge Funds Weigh In On Columbia Research Enhanced Emerging Economies ETF

Several hedge funds have recently made changes to their positions in ECON. Bank of America Corp DE lifted its stake in Columbia Research Enhanced Emerging Economies ETF by 5.8% during the first quarter. Bank of America Corp DE now owns 451,944 shares of the company’s stock valued at $12,989,000 after purchasing an additional 24,745 shares during the last quarter. Royal Bank of Canada grew its position in 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 worth $983,000 after buying an additional 574 shares during the last quarter. Karnit Road Accident Victims Compensation Fund acquired a new position in Columbia Research Enhanced Emerging Economies ETF in the fourth quarter worth approximately $238,000. CIBC Private Wealth Group LLC increased its holdings in shares of 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. Finally, Kingsview Wealth Management LLC bought a new position in shares of Columbia Research Enhanced Emerging Economies ETF in the fourth quarter valued at $6,294,000.

Columbia Research Enhanced Emerging Economies ETF Stock Down 0.8%

Columbia Research Enhanced Emerging Economies ETF stock traded down $0.30 during midday trading on Friday, hitting $35.82. The company’s stock had a trading volume of 15,721 shares, compared to its average volume of 35,999. Columbia Research Enhanced Emerging Economies ETF has a 12 month low of $23.78 and a 12 month high of $38.18. The company has a market capitalization of $365.36 million, a PE ratio of 12.92 and a beta of 0.55. The stock’s 50-day moving average price is $34.65 and its 200-day moving average price is $31.10.

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.