Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) Short Interest Down 68.6% in July

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 4,440 shares, a decline of 68.6% from the June 30th total of 14,148 shares. Based on an average daily trading volume, of 11,581 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Columbia Research Enhanced Emerging Economies ETF Price Performance

Shares of NYSEARCA:ECON traded down $0.70 during trading on Tuesday, reaching $32.72. 8,250 shares of the company’s stock traded hands, compared to its average volume of 32,259. The stock has a market capitalization of $320.66 million, a P/E ratio of 12.92 and a beta of 0.55. Columbia Research Enhanced Emerging Economies ETF has a 12 month low of $23.91 and a 12 month high of $38.18. The company has a 50 day moving average of $35.22 and a 200-day moving average of $32.14.

Institutional Trading of Columbia Research Enhanced Emerging Economies ETF

A number of institutional investors and hedge funds have recently made changes to their positions in ECON. Ameriprise Financial Inc. acquired a new position in Columbia Research Enhanced Emerging Economies ETF during the 3rd quarter valued at approximately $126,458,000. Kingsview Wealth Management LLC bought a new stake in Columbia Research Enhanced Emerging Economies ETF in the fourth quarter valued at $6,294,000. Bank of America Corp DE boosted its holdings in shares of Columbia Research Enhanced Emerging Economies ETF by 5.8% during the first quarter. Bank of America Corp DE now owns 451,944 shares of the company’s stock valued at $12,989,000 after acquiring an additional 24,745 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of Columbia Research Enhanced Emerging Economies ETF during the third quarter worth about $653,000. Finally, Jane Street Group LLC grew its position in shares of Columbia Research Enhanced Emerging Economies ETF by 54.3% during the first quarter. Jane Street Group LLC now owns 46,910 shares of the company’s stock worth $1,022,000 after acquiring an additional 16,512 shares during the last quarter.

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.