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

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 65,344 shares, a drop of 34.7% from the June 30th total of 100,045 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 189,762 shares, the days-to-cover ratio is currently 0.3 days.

Columbia EM Core ex-China ETF Stock Up 0.9%

Shares of NYSEARCA XCEM opened at $47.39 on Friday. The business has a fifty day simple moving average of $50.67 and a two-hundred day simple moving average of $46.23. The firm has a market cap of $1.91 billion, a PE ratio of 14.14 and a beta of 0.89. Columbia EM Core ex-China ETF has a twelve month low of $33.76 and a twelve month high of $55.43.

Hedge Funds Weigh In On Columbia EM Core ex-China ETF

Institutional investors have recently made changes to their positions in the company. Western Wealth Management LLC purchased a new stake in Columbia EM Core ex-China ETF in the fourth quarter worth about $834,000. Savvy Advisors Inc. increased its position in Columbia EM Core ex-China ETF by 33.2% during the 4th quarter. Savvy Advisors Inc. now owns 391,355 shares of the company’s stock valued at $15,012,000 after purchasing an additional 97,456 shares during the period. Diversify Wealth Management LLC purchased a new position in Columbia EM Core ex-China ETF during the 1st quarter valued at about $1,774,000. Sanctuary Advisors LLC increased its position in Columbia EM Core ex-China ETF by 750.5% during the 1st quarter. Sanctuary Advisors LLC now owns 254,590 shares of the company’s stock valued at $10,390,000 after purchasing an additional 224,655 shares during the period. Finally, Spartan Wealth Advisory Services LLC bought a new stake in shares of Columbia EM Core ex-China ETF in the 1st quarter valued at about $4,340,000.

Columbia EM Core ex-China ETF Company Profile

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.