Columbia Select Technology ETF (NYSEARCA:SEMI) Short Interest Update

Columbia Select Technology ETF (NYSEARCA:SEMI) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 10,270 shares, a decrease of 58.1% from the July 30th total of 24,485 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,544 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Investors Weigh In On Columbia Select Technology ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers boosted its holdings in shares of Columbia Select Technology ETF by 336.5% in the 1st quarter. Cetera Investment Advisers now owns 63,474 shares of the company’s stock worth $1,833,000 after purchasing an additional 48,933 shares during the period. Commonwealth Equity Services LLC raised its holdings in Columbia Select Technology ETF by 13.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 8,447 shares of the company’s stock valued at $259,000 after buying an additional 979 shares during the period. JPMorgan Chase & Co. purchased a new stake in Columbia Select Technology ETF during the 2nd quarter valued at $34,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Columbia Select Technology ETF during the 2nd quarter valued at $41,000. Finally, Kestra Advisory Services LLC lifted its position in Columbia Select Technology ETF by 10.1% in the first quarter. Kestra Advisory Services LLC now owns 13,662 shares of the company’s stock worth $394,000 after buying an additional 1,253 shares during the last quarter. 62.97% of the stock is currently owned by hedge funds and other institutional investors.

Columbia Select Technology ETF Trading Up 2.4%

Shares of NYSEARCA:SEMI opened at $38.68 on Friday. Columbia Select Technology ETF has a 12 month low of $26.99 and a 12 month high of $41.03. The company has a 50-day moving average price of $38.19 and a 200 day moving average price of $35.24. The company has a market cap of $38.68 million, a price-to-earnings ratio of -7.33 and a beta of 1.53.

About Columbia Select Technology ETF

The Columbia Seligman Semiconductor & Technology ETF (SEMI) is an exchange-traded fund that mostly invests in information technology equity. The fund is an actively-managed, non-transparent fund that seeks capital appreciation by investing in domestic or foreign semiconductor and technology-related companies. The fund utilizes the Fidelity non-transparent model. SEMI was launched on Mar 29, 2022 and is managed by Columbia.