Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Short Interest Update

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 201,109 shares, a growth of 258.5% from the May 14th total of 56,104 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 187,050 shares, the days-to-cover ratio is presently 1.1 days.

Columbia EM Core ex-China ETF Price Performance

XCEM stock traded up $2.53 during trading hours on Thursday, reaching $51.59. 209,046 shares of the stock were exchanged, compared to its average volume of 246,972. The firm’s 50-day moving average is $47.86 and its 200-day moving average is $43.22. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 14.14 and a beta of 0.89. Columbia EM Core ex-China ETF has a 12 month low of $32.57 and a 12 month high of $53.73.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE lifted its holdings in Columbia EM Core ex-China ETF by 10.2% during the 1st quarter. Bank of America Corp DE now owns 3,427,623 shares of the company’s stock worth $139,881,000 after purchasing an additional 318,012 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Columbia EM Core ex-China ETF by 1.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,629,287 shares of the company’s stock valued at $59,192,000 after purchasing an additional 24,520 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Columbia EM Core ex-China ETF by 4.0% during the fourth quarter. LPL Financial LLC now owns 999,763 shares of the company’s stock worth $38,351,000 after purchasing an additional 38,587 shares during the last quarter. Marotta Asset Management grew its stake in shares of Columbia EM Core ex-China ETF by 2.6% in the fourth quarter. Marotta Asset Management now owns 909,165 shares of the company’s stock worth $34,876,000 after purchasing an additional 23,256 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in Columbia EM Core ex-China ETF by 2.2% during the third quarter. Raymond James Financial Inc. now owns 875,559 shares of the company’s stock valued at $31,809,000 after acquiring an additional 18,759 shares during the last quarter.

About Columbia EM Core ex-China ETF

The Columbia EM Core ex-China ETF (XCEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index that provides broad equity exposure to emerging markets excluding China. XCEM was launched on Sep 2, 2015 and is managed by Columbia.