Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) Sees Large Decline in Short Interest

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 2,344 shares, a decline of 65.0% from the July 30th total of 6,705 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 98,096 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Columbia Research Enhanced Emerging Economies ETF

Large investors have recently bought and sold shares of the company. Corient Private Wealth LP bought 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 bought a new stake in shares of Columbia Research Enhanced Emerging Economies ETF in the fourth quarter worth $238,000. Raymond James Financial Inc. lifted its position in shares of Columbia Research Enhanced Emerging Economies ETF by 42,278.3% in the third quarter. Raymond James Financial Inc. now owns 9,747 shares of the company’s stock worth $258,000 after purchasing an additional 9,724 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new position in Columbia Research Enhanced Emerging Economies ETF during the third quarter worth $653,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in Columbia Research Enhanced Emerging Economies ETF by 11.0% during the fourth quarter. CIBC Private Wealth Group LLC now owns 27,349 shares of the company’s stock worth $747,000 after purchasing an additional 2,714 shares during the last quarter.

Columbia Research Enhanced Emerging Economies ETF Price Performance

ECON stock opened at $35.53 on Friday. The stock has a market capitalization of $348.19 million, a P/E ratio of 12.92 and a beta of 0.56. Columbia Research Enhanced Emerging Economies ETF has a fifty-two week low of $24.58 and a fifty-two week high of $38.18. The business has a 50-day moving average of $34.64 and a 200-day moving average of $33.00.

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.