Columbia India Consumer ETF (NYSEARCA:INCO) Short Interest Update

Columbia India Consumer ETF (NYSEARCA:INCO) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 21,505 shares, a decline of 33.3% from the July 30th total of 32,241 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average trading volume of 12,667 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Trading of Columbia India Consumer ETF

Large investors have recently added to or reduced their stakes in the company. Osborne Partners Capital Management LLC raised its stake in shares of Columbia India Consumer ETF by 14.7% during the 1st quarter. Osborne Partners Capital Management LLC now owns 263,029 shares of the company’s stock valued at $14,459,000 after buying an additional 33,678 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Columbia India Consumer ETF by 9.4% in the first quarter. Bank of America Corp DE now owns 446,160 shares of the company’s stock worth $24,525,000 after buying an additional 38,464 shares during the last quarter. Western Wealth Management LLC boosted its stake in shares of Columbia India Consumer ETF by 10.6% in the fourth quarter. Western Wealth Management LLC now owns 4,636 shares of the company’s stock worth $300,000 after buying an additional 446 shares during the last quarter. Ignite Planners LLC grew its holdings in Columbia India Consumer ETF by 173.0% during the fourth quarter. Ignite Planners LLC now owns 8,710 shares of the company’s stock worth $534,000 after acquiring an additional 5,520 shares during the period. Finally, Sankala Group LLC acquired a new stake in Columbia India Consumer ETF during the fourth quarter worth about $50,000.

Columbia India Consumer ETF Stock Down 0.6%

NYSEARCA:INCO traded down $0.38 during mid-day trading on Tuesday, reaching $61.55. The company’s stock had a trading volume of 9,567 shares, compared to its average volume of 41,391. The stock has a fifty day moving average of $60.82 and a 200-day moving average of $59.61. Columbia India Consumer ETF has a 1 year low of $53.19 and a 1 year high of $68.02. The firm has a market capitalization of $233.89 million, a PE ratio of 39.45 and a beta of 0.44.

Columbia India Consumer ETF Company Profile

The Columbia India Consumer ETF (INCO) is an exchange-traded fund that is based on the INDXX India Consumer index, a market-cap-weighted index of 30 Indian consumer-sector stocks listed on the National Stock Exchange or the Bombay Stock Exchange. INCO was launched on Aug 10, 2011 and is managed by Columbia.