Columbia Research Enhanced Core ETF (NYSEARCA:RECS) Shares Shorted: Short Interest Down 78.0% in September

Columbia Research Enhanced Core ETF (NYSEARCA:RECS) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 39,355 shares, a decline of 78.0% from the August 31st total of 178,810 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 530,373 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Columbia Research Enhanced Core ETF

Several institutional investors have recently made changes to their positions in the stock. Community Financial Services Group LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF during the 2nd quarter worth $63,000. Global Retirement Partners LLC boosted its holdings in Columbia Research Enhanced Core ETF by 21.6% in the fourth quarter. Global Retirement Partners LLC now owns 3,584 shares of the company’s stock valued at $146,000 after acquiring an additional 637 shares during the last quarter. Kingsview Wealth Management LLC acquired a new position in Columbia Research Enhanced Core ETF in the fourth quarter valued at $202,000. Barnes Pettey Financial Advisors LLC purchased a new stake in Columbia Research Enhanced Core ETF during the first quarter valued at about $206,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in Columbia Research Enhanced Core ETF during the fourth quarter valued at about $235,000.

Columbia Research Enhanced Core ETF Stock Up 0.3%

Shares of RECS stock traded up $0.12 during trading hours on Friday, hitting $45.57. 342,104 shares of the company were exchanged, compared to its average volume of 558,935. The firm has a fifty day moving average of $45.02 and a 200 day moving average of $43.07. Columbia Research Enhanced Core ETF has a 1 year low of $37.79 and a 1 year high of $46.00. The firm has a market cap of $6.09 billion, a PE ratio of 22.01 and a beta of 0.92.

About Columbia Research Enhanced Core ETF

The Columbia Research Enhanced Core ETF (RECS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US stocks pulled from the Russell 1000. The index uses multifactor selection and market cap weighting. RECS was launched on Sep 25, 2019 and is managed by Columbia.