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

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 7,853 shares, an increase of 235.0% from the August 15th total of 2,344 shares. Based on an average daily trading volume, of 14,348 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are sold short.

Columbia Research Enhanced Emerging Economies ETF Price Performance

Columbia Research Enhanced Emerging Economies ETF stock traded up $0.55 during trading hours on Friday, hitting $36.03. The company had a trading volume of 56,403 shares, compared to its average volume of 34,876. The firm has a 50-day moving average of $34.66 and a 200 day moving average of $33.35. The firm has a market cap of $353.09 million, a PE ratio of 12.92 and a beta of 0.57. Columbia Research Enhanced Emerging Economies ETF has a one year low of $26.00 and a one year high of $38.18.

Institutional Trading of Columbia Research Enhanced Emerging Economies ETF

Several hedge funds have recently added to or reduced their stakes in ECON. MCF Advisors LLC bought a new stake in Columbia Research Enhanced Emerging Economies ETF in the 2nd quarter valued at $118,000. Integrated Wealth Concepts LLC bought a new position in Columbia Research Enhanced Emerging Economies ETF during the 2nd quarter worth $136,000. Corient Private Wealth LP acquired a new stake in shares of Columbia Research Enhanced Emerging Economies ETF during the second quarter worth $204,000. Bank of America Corp DE boosted its position 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 acquiring an additional 24,745 shares during the period. Finally, Royal Bank of Canada boosted its position 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 valued at $983,000 after acquiring an additional 574 shares during the period.

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.