Columbia Research Enhanced Core ETF (NYSEARCA:RECS) Sees Significant Increase in Short Interest

Columbia Research Enhanced Core ETF (NYSEARCA:RECS) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 340,000 shares, an increase of 44.3% from the September 30th total of 235,600 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 708,500 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 708,500 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Trading of Columbia Research Enhanced Core ETF

Several hedge funds have recently added to or reduced their stakes in RECS. Jane Street Group LLC lifted its holdings in Columbia Research Enhanced Core ETF by 49,303.3% during the 2nd quarter. Jane Street Group LLC now owns 16,658,312 shares of the company’s stock worth $612,859,000 after purchasing an additional 16,624,593 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Columbia Research Enhanced Core ETF by 519.4% during the 1st quarter. Ameriprise Financial Inc. now owns 10,595,780 shares of the company’s stock worth $351,885,000 after purchasing an additional 8,885,095 shares during the last quarter. Bogart Wealth LLC lifted its holdings in Columbia Research Enhanced Core ETF by 1,032.2% during the 3rd quarter. Bogart Wealth LLC now owns 2,224,366 shares of the company’s stock worth $89,753,000 after purchasing an additional 2,027,908 shares during the last quarter. Raymond James Financial Inc. raised its holdings in Columbia Research Enhanced Core ETF by 73.6% in the 1st quarter. Raymond James Financial Inc. now owns 2,748,138 shares of the company’s stock valued at $91,266,000 after acquiring an additional 1,164,853 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in Columbia Research Enhanced Core ETF by 77.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 2,517,266 shares of the company’s stock valued at $92,610,000 after acquiring an additional 1,097,173 shares in the last quarter.

Columbia Research Enhanced Core ETF Trading Up 0.1%

NYSEARCA:RECS opened at $41.02 on Monday. The stock has a market cap of $4.27 billion, a P/E ratio of 22.01 and a beta of 0.95. The stock has a 50 day simple moving average of $39.92 and a 200 day simple moving average of $37.30. Columbia Research Enhanced Core ETF has a 1-year low of $28.64 and a 1-year high of $41.64.

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.