Short Interest in Columbia Research Enhanced Real Estate ETF (NYSEARCA:CRED) Grows By ∞

Columbia Research Enhanced Real Estate ETF (NYSEARCA:CRED) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 7 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily trading volume, of 529 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Columbia Research Enhanced Real Estate ETF Stock Down 1.9%

CRED stock opened at $22.65 on Wednesday. The firm has a market cap of $3.40 million, a price-to-earnings ratio of 51.48 and a beta of 0.87. The company’s fifty day simple moving average is $22.71 and its 200 day simple moving average is $21.55. Columbia Research Enhanced Real Estate ETF has a 12-month low of $19.82 and a 12-month high of $23.27.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Columbia Research Enhanced Real Estate ETF stock. Y.D. More Investments Ltd acquired a new stake in Columbia Research Enhanced Real Estate ETF (NYSEARCA:CRED) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 1,477 shares of the company’s stock, valued at approximately $30,000. Y.D. More Investments Ltd owned 0.98% of Columbia Research Enhanced Real Estate ETF at the end of the most recent reporting period. 46.29% of the stock is currently owned by institutional investors.

About Columbia Research Enhanced Real Estate ETF

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.