Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) Short Interest Down 89.1% in May

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 2,371 shares, a decline of 89.1% from the May 14th total of 21,829 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 14,915 shares, the days-to-cover ratio is presently 0.2 days.

Columbia Research Enhanced Emerging Economies ETF Trading Up 0.1%

NYSEARCA ECON traded up $0.02 during trading on Tuesday, reaching $34.73. The company’s stock had a trading volume of 10,156 shares, compared to its average volume of 38,665. The stock has a market capitalization of $354.25 million, a PE ratio of 12.92 and a beta of 0.55. The business has a 50-day moving average price of $32.89 and a 200-day moving average price of $30.24. Columbia Research Enhanced Emerging Economies ETF has a 1-year low of $22.98 and a 1-year high of $37.45.

Institutional Trading of Columbia Research Enhanced Emerging Economies ETF

A number of institutional investors and hedge funds have recently modified their holdings of ECON. Karnit Road Accident Victims Compensation Fund acquired a new stake in shares of Columbia Research Enhanced Emerging Economies ETF in the fourth quarter worth $238,000. Raymond James Financial Inc. lifted its stake in shares of Columbia Research Enhanced Emerging Economies ETF by 42,278.3% in the third quarter. Raymond James Financial Inc. now owns 9,747 shares of the company’s stock worth $258,000 after buying an additional 9,724 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of Columbia Research Enhanced Emerging Economies ETF in the third quarter worth $653,000. CIBC Private Wealth Group LLC lifted its stake in shares of Columbia Research Enhanced Emerging Economies ETF by 1.6% in the third quarter. CIBC Private Wealth Group LLC now owns 24,635 shares of the company’s stock worth $653,000 after buying an additional 377 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of 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.

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.