Columbia Research Enhanced Real Estate ETF (NYSEARCA:CRED) Short Interest Update

Columbia Research Enhanced Real Estate ETF (NYSEARCA:CRED) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 3 shares, a drop of 95.0% from the April 30th total of 60 shares. Based on an average daily trading volume, of 591 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Columbia Research Enhanced Real Estate ETF Trading Down 0.2%

NYSEARCA CRED traded down $0.04 during mid-day trading on Thursday, reaching $22.89. 19 shares of the company’s stock traded hands, compared to its average volume of 219. Columbia Research Enhanced Real Estate ETF has a 1-year low of $19.82 and a 1-year high of $23.00. The company has a fifty day simple moving average of $21.85 and a 200-day simple moving average of $21.18. The company has a market cap of $3.43 million, a price-to-earnings ratio of 52.02 and a beta of 0.89.

Institutional Investors Weigh In On Columbia Research Enhanced Real Estate ETF

An institutional investor recently bought a new position in Columbia Research Enhanced Real Estate ETF stock. Y.D. More Investments Ltd acquired a new stake in shares of Columbia Research Enhanced Real Estate ETF (NYSEARCA:CRED) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,477 shares of the company’s stock, valued at approximately $30,000. Y.D. More Investments Ltd owned approximately 0.98% of Columbia Research Enhanced Real Estate ETF as of its most recent SEC filing. 46.29% of the stock is owned by institutional investors.

Columbia Research Enhanced Real Estate ETF Company Profile

The Columbia Research Enhanced Real Estate ETF (CRED) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index comprised of US REITs. The strategy is based on a multi-factor criteria evaluated by Columbia Threadneedle and Lionstone Investments. CRED was launched on Apr 26, 2023 and is managed by Columbia Threadneedle.