Columbia Research Enhanced Core ETF (NYSEARCA:RECS) Stock Short Interest Declines 78.0%

Columbia Research Enhanced Core ETF (NYSEARCA:RECS) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 39,355 shares, a decrease of 78.0% from the August 31st total of 178,810 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 530,373 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Columbia Research Enhanced Core ETF

Several hedge funds and other institutional investors have recently bought and sold shares of RECS. Retirement Planning Group LLC NY boosted its position in shares of Columbia Research Enhanced Core ETF by 18.9% in the 1st quarter. Retirement Planning Group LLC NY now owns 145,349 shares of the company’s stock worth $5,666,000 after buying an additional 23,094 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Columbia Research Enhanced Core ETF by 26.6% during the fourth quarter. LPL Financial LLC now owns 17,374,371 shares of the company’s stock worth $709,569,000 after buying an additional 3,650,956 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Columbia Research Enhanced Core ETF by 33.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 168,505 shares of the company’s stock valued at $6,882,000 after acquiring an additional 42,133 shares during the last quarter. Kestra Private Wealth Services LLC lifted its stake in shares of Columbia Research Enhanced Core ETF by 10.3% during the 1st quarter. Kestra Private Wealth Services LLC now owns 417,569 shares of the company’s stock worth $16,277,000 after purchasing an additional 38,871 shares during the period. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of Columbia Research Enhanced Core ETF by 311.9% during the first quarter. Janney Montgomery Scott LLC now owns 125,153 shares of the company’s stock worth $4,878,000 after purchasing an additional 94,765 shares during the last quarter.

Columbia Research Enhanced Core ETF Trading Up 0.3%

Shares of RECS traded up $0.12 during mid-day trading on Friday, hitting $45.57. The company’s stock had a trading volume of 342,104 shares, compared to its average volume of 558,935. The firm has a 50-day simple moving average of $45.02 and a 200 day simple moving average of $43.07. The firm has a market capitalization of $6.09 billion, a P/E ratio of 22.01 and a beta of 0.92. Columbia Research Enhanced Core ETF has a 1-year low of $37.79 and a 1-year high of $46.00.

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.