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

Columbia Select Technology ETF (NYSEARCA:SEMI) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 5,837 shares, a drop of 51.9% from the May 31st total of 12,141 shares. Based on an average daily volume of 8,814 shares, the short-interest ratio is presently 0.7 days. Currently, 0.5% of the company’s shares are short sold.

Columbia Select Technology ETF Trading Up 2.5%

Shares of SEMI traded up $0.98 during trading hours on Tuesday, reaching $40.51. 5,279 shares of the company traded hands, compared to its average volume of 14,165. The stock’s fifty day moving average price is $37.54 and its 200 day moving average price is $33.17. The firm has a market cap of $48.61 million, a price-to-earnings ratio of -7.67 and a beta of 1.53. Columbia Select Technology ETF has a 12-month low of $26.99 and a 12-month high of $41.03.

Hedge Funds Weigh In On Columbia Select Technology ETF

Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new position in shares of Columbia Select Technology ETF during the 2nd quarter worth $34,000. Next Level Private LLC lifted its position in shares of Columbia Select Technology ETF by 4.4% in the 4th quarter. Next Level Private LLC now owns 17,165 shares of the company’s stock worth $526,000 after purchasing an additional 731 shares during the period. Harbour Investments Inc. lifted its holdings in Columbia Select Technology ETF by 11.0% during the fourth quarter. Harbour Investments Inc. now owns 3,328 shares of the company’s stock worth $102,000 after buying an additional 330 shares during the period. Johnson Financial Group LLC bought a new stake in Columbia Select Technology ETF during the 4th quarter valued at $208,000. Finally, Commonwealth Equity Services LLC increased its holdings in shares of 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 valued at $259,000 after acquiring an additional 979 shares during the period. 62.97% of the stock is owned by hedge funds and other institutional investors.

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.