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

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 6,705 shares, an increase of 51.0% from the July 15th total of 4,440 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 10,596 shares, the short-interest ratio is presently 0.6 days.

Columbia Research Enhanced Emerging Economies ETF Price Performance

ECON opened at $34.50 on Wednesday. Columbia Research Enhanced Emerging Economies ETF has a 12-month low of $24.58 and a 12-month high of $38.18. The stock has a market capitalization of $338.10 million, a PE ratio of 12.92 and a beta of 0.56. The firm’s fifty day moving average price is $34.83 and its 200 day moving average price is $32.72.

Institutional Investors Weigh In On Columbia Research Enhanced Emerging Economies ETF

A number of institutional investors have recently modified their holdings of the stock. Bank of America Corp DE grew its stake 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 worth $12,989,000 after purchasing an additional 24,745 shares in the last quarter. Royal Bank of Canada increased its holdings 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 valued at $983,000 after buying an additional 574 shares during the last quarter. Karnit Road Accident Victims Compensation Fund acquired a new stake in Columbia Research Enhanced Emerging Economies ETF during the fourth quarter valued at approximately $238,000. CIBC Private Wealth Group LLC raised its stake in Columbia Research Enhanced Emerging Economies ETF by 11.0% during 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 acquired a new stake in Columbia Research Enhanced Emerging Economies ETF during the fourth quarter valued at approximately $6,294,000.

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.