Columbia Select Technology ETF (NYSEARCA:SEMI) Stock Short Interest Report for October

Columbia Select Technology ETF (NYSEARCA:SEMI) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 5,151 shares, a drop of 76.4% from the September 30th total of 21,812 shares. Based on an average daily volume of 7,892 shares, the short-interest ratio is presently 0.7 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SEMI. NewEdge Advisors LLC bought a new position in shares of Columbia Select Technology ETF in the second quarter worth about $239,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Columbia Select Technology ETF in the 2nd quarter valued at approximately $41,000. Cetera Investment Advisers grew its holdings in shares of Columbia Select Technology ETF by 336.5% during the 1st quarter. Cetera Investment Advisers now owns 63,474 shares of the company’s stock valued at $1,833,000 after purchasing an additional 48,933 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Columbia Select Technology ETF by 10.1% during the 1st quarter. Kestra Advisory Services LLC now owns 13,662 shares of the company’s stock valued at $394,000 after purchasing an additional 1,253 shares during the last quarter. Finally, Ascentis Independent Advisors bought a new stake in shares of Columbia Select Technology ETF during the 1st quarter valued at approximately $36,000. Institutional investors own 62.97% of the company’s stock.

Columbia Select Technology ETF Stock Performance

Shares of Columbia Select Technology ETF stock traded up $0.45 during trading on Wednesday, reaching $38.23. 6,648 shares of the company’s stock were exchanged, compared to its average volume of 11,920. Columbia Select Technology ETF has a 1-year low of $27.41 and a 1-year high of $41.50. The company has a market cap of $45.88 million, a P/E ratio of -7.24 and a beta of 1.52. The firm’s 50-day moving average price is $38.64 and its 200 day moving average price is $35.56.

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.