Columbia Research Enhanced Core ETF (NYSEARCA:RECS) Short Interest Up 109.7% in August

Columbia Research Enhanced Core ETF (NYSEARCA:RECS) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 178,810 shares, an increase of 109.7% from the August 15th total of 85,265 shares. Based on an average trading volume of 390,045 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Columbia Research Enhanced Core ETF Price Performance

NYSEARCA RECS traded down $0.09 during trading on Tuesday, reaching $45.03. 319,335 shares of the company’s stock traded hands, compared to its average volume of 566,239. Columbia Research Enhanced Core ETF has a 12-month low of $37.79 and a 12-month high of $45.92. The firm has a market cap of $6.04 billion, a price-to-earnings ratio of 22.01 and a beta of 0.92. The company’s 50 day simple moving average is $44.82 and its two-hundred day simple moving average is $42.80.

Hedge Funds Weigh In On Columbia Research Enhanced Core ETF

Several institutional investors have recently bought and sold shares of the business. LPL Financial LLC boosted its stake in Columbia Research Enhanced Core ETF by 26.6% in the fourth quarter. LPL Financial LLC now owns 17,374,371 shares of the company’s stock valued at $709,569,000 after acquiring an additional 3,650,956 shares in the last quarter. Ameritas Advisory Services LLC increased its position in shares of Columbia Research Enhanced Core ETF by 139.8% during the second quarter. Ameritas Advisory Services LLC now owns 1,681,628 shares of the company’s stock worth $72,781,000 after purchasing an additional 980,386 shares in the last quarter. Stadion Money Management LLC acquired a new position in shares of Columbia Research Enhanced Core ETF during the first quarter worth $31,639,000. BlueStem Wealth Partners LLC lifted its holdings in shares of Columbia Research Enhanced Core ETF by 88.3% during the 4th quarter. BlueStem Wealth Partners LLC now owns 1,346,965 shares of the company’s stock valued at $55,010,000 after purchasing an additional 631,523 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of Columbia Research Enhanced Core ETF by 43.0% during the 1st quarter. Royal Bank of Canada now owns 1,173,365 shares of the company’s stock valued at $45,738,000 after purchasing an additional 353,051 shares during the last quarter.

Columbia Research Enhanced Core ETF Company Profile

The Columbia Research Enhanced Core ETF (RECS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US stocks pulled from the Russell 1000. The index uses multifactor selection and market cap weighting. RECS was launched on Sep 25, 2019 and is managed by Columbia.