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 June. As of June 15th, there was short interest totaling 5,837 shares, a decrease of 51.9% from the May 31st total of 12,141 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,814 shares, the days-to-cover ratio is presently 0.7 days.

Columbia Select Technology ETF Stock Up 2.5%

NYSEARCA SEMI traded up $0.98 during trading hours on Tuesday, hitting $40.51. 5,279 shares of the company were exchanged, compared to its average volume of 14,165. The stock has a 50-day moving average price of $37.54 and a 200 day moving average price of $33.17. Columbia Select Technology ETF has a 52 week low of $26.99 and a 52 week high of $41.03. The stock has a market cap of $48.61 million, a PE ratio of -7.67 and a beta of 1.53.

Hedge Funds Weigh In On Columbia Select Technology ETF

Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new stake in Columbia Select Technology ETF in the second quarter worth $34,000. Ascentis Independent Advisors purchased a new position in shares of Columbia Select Technology ETF during the 1st quarter worth about $36,000. Harbour Investments Inc. grew its holdings in Columbia Select Technology ETF by 11.0% during the 4th quarter. Harbour Investments Inc. now owns 3,328 shares of the company’s stock valued at $102,000 after purchasing an additional 330 shares during the last quarter. Johnson Financial Group LLC bought a new position in Columbia Select Technology ETF during the 4th quarter valued at about $208,000. Finally, Commonwealth Equity Services LLC raised its position in Columbia Select Technology ETF by 13.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 8,447 shares of the company’s stock worth $259,000 after purchasing an additional 979 shares during the period. Institutional investors own 62.97% of the company’s stock.

Columbia Select Technology ETF Company Profile

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.