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

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 3,819 shares, a drop of 51.4% from the August 31st total of 7,853 shares. Based on an average daily volume of 33,133 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. MCF Advisors LLC purchased a new position in Columbia Research Enhanced Emerging Economies ETF during the second quarter worth about $118,000. Integrated Wealth Concepts LLC acquired a new position in Columbia Research Enhanced Emerging Economies ETF during the 2nd quarter worth approximately $136,000. Corient Private Wealth LP purchased a new position in shares of Columbia Research Enhanced Emerging Economies ETF during the 2nd quarter worth approximately $204,000. Karnit Road Accident Victims Compensation Fund acquired a new stake in shares of Columbia Research Enhanced Emerging Economies ETF in the 4th quarter valued at approximately $238,000. Finally, Bank of America Corp DE boosted its stake in shares of 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.

Columbia Research Enhanced Emerging Economies ETF Stock Performance

ECON traded down $0.37 during trading on Wednesday, hitting $35.38. The stock had a trading volume of 22,832 shares, compared to its average volume of 33,262. The firm has a market capitalization of $314.88 million, a P/E ratio of 12.92 and a beta of 0.57. The company’s 50-day moving average price is $34.99 and its 200 day moving average price is $33.81. Columbia Research Enhanced Emerging Economies ETF has a twelve month low of $26.08 and a twelve month 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.