Columbia Research Enhanced Core ETF (NYSEARCA:RECS) Sees Significant Decrease in Short Interest

Columbia Research Enhanced Core ETF (NYSEARCA:RECS) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 39,355 shares, a decrease of 78.0% from the August 31st total of 178,810 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 530,373 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Columbia Research Enhanced Core ETF

A number of hedge funds have recently added to or reduced their stakes in the business. LPL Financial LLC increased its stake in shares of Columbia Research Enhanced Core ETF by 26.6% during the 4th 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 during the last quarter. Gradient Investments LLC boosted its position in shares of Columbia Research Enhanced Core ETF by 3.9% in the second quarter. Gradient Investments LLC now owns 2,411,318 shares of the company’s stock worth $104,362,000 after acquiring an additional 90,999 shares during the last quarter. Bogart Wealth LLC grew its holdings in Columbia Research Enhanced Core ETF by 2.0% in the first quarter. Bogart Wealth LLC now owns 2,286,664 shares of the company’s stock valued at $89,134,000 after purchasing an additional 45,478 shares during the period. Ameritas Advisory Services LLC increased its position in 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 during the last quarter. Finally, Cetera Investment Advisers increased its position in Columbia Research Enhanced Core ETF by 8.7% during the first quarter. Cetera Investment Advisers now owns 1,432,489 shares of the company’s stock worth $55,838,000 after purchasing an additional 115,257 shares during the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

NYSEARCA RECS traded up $0.12 during mid-day trading on Friday, reaching $45.57. 342,104 shares of the stock were exchanged, compared to its average volume of 558,935. The stock has a market capitalization of $6.09 billion, a PE ratio of 22.01 and a beta of 0.92. Columbia Research Enhanced Core ETF has a 1-year low of $37.79 and a 1-year high of $46.00. The business’s fifty day simple moving average is $45.02 and its 200 day simple moving average is $43.09.

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.