Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) Sees Significant Drop in Short Interest

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

Hedge Funds Weigh In On Columbia Research Enhanced Emerging Economies ETF

A number of institutional investors have recently bought and sold shares of ECON. MCF Advisors LLC purchased a new stake in shares of Columbia Research Enhanced Emerging Economies ETF during the 2nd quarter valued at approximately $118,000. Integrated Wealth Concepts LLC purchased a new stake in Columbia Research Enhanced Emerging Economies ETF in the second quarter valued at $136,000. Corient Private Wealth LP purchased a new stake in Columbia Research Enhanced Emerging Economies ETF in the second quarter valued at $204,000. Bank of America Corp DE lifted its stake in shares of Columbia Research Enhanced Emerging Economies ETF by 5.8% in the 1st quarter. Bank of America Corp DE now owns 451,944 shares of the company’s stock valued at $12,989,000 after purchasing an additional 24,745 shares during the last quarter. Finally, Karnit Road Accident Victims Compensation Fund purchased a new position in shares of Columbia Research Enhanced Emerging Economies ETF during the 4th quarter worth $238,000.

Columbia Research Enhanced Emerging Economies ETF Price Performance

Columbia Research Enhanced Emerging Economies ETF stock traded down $0.04 during trading on Thursday, reaching $35.34. 4,875 shares of the company were exchanged, compared to its average volume of 33,110. The stock’s 50 day simple moving average is $35.02 and its two-hundred day simple moving average is $33.86. The company has a market capitalization of $314.53 million, a P/E ratio of 12.92 and a beta of 0.57. Columbia Research Enhanced Emerging Economies ETF has a 52-week low of $26.08 and a 52-week high of $38.18.

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.