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

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 7,853 shares, a growth of 235.0% from the August 15th total of 2,344 shares. Based on an average daily volume of 14,348 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Columbia Research Enhanced Emerging Economies ETF

Several hedge funds have recently added to or reduced their stakes in ECON. Kingsview Wealth Management LLC bought a new stake in shares of Columbia Research Enhanced Emerging Economies ETF in the fourth quarter valued at approximately $6,294,000. Bank of America Corp DE boosted its position in Columbia Research Enhanced Emerging Economies ETF by 5.8% in the first quarter. Bank of America Corp DE now owns 451,944 shares of the company’s stock valued at $12,989,000 after buying an additional 24,745 shares in the last quarter. Karnit Road Accident Victims Compensation Fund bought a new stake in shares of Columbia Research Enhanced Emerging Economies ETF during the fourth quarter worth about $238,000. Ameriprise Financial Inc. acquired a new position in shares of Columbia Research Enhanced Emerging Economies ETF during the third quarter worth $126,458,000. Finally, Jane Street Group LLC grew its position in shares of Columbia Research Enhanced Emerging Economies ETF by 6.0% in the 2nd quarter. Jane Street Group LLC now owns 49,720 shares of the company’s stock valued at $1,192,000 after buying an additional 2,810 shares during the last quarter.

Columbia Research Enhanced Emerging Economies ETF Trading Down 2.1%

Shares of NYSEARCA:ECON traded down $0.74 on Monday, hitting $35.28. The company had a trading volume of 3,865 shares, compared to its average volume of 34,693. The stock has a market cap of $345.79 million, a price-to-earnings ratio of 12.92 and a beta of 0.57. The stock has a 50 day moving average price of $34.66 and a 200 day moving average price of $33.36. Columbia Research Enhanced Emerging Economies ETF has a 1-year low of $26.08 and a 1-year high of $38.18.

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.