Short Interest in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Declines By 55.4%

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 100,045 shares, a decrease of 55.4% from the June 15th total of 224,248 shares. Based on an average daily volume of 201,428 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in Columbia EM Core ex-China ETF by 10.2% in the first quarter. Bank of America Corp DE now owns 3,427,623 shares of the company’s stock valued at $139,881,000 after purchasing an additional 318,012 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Columbia EM Core ex-China ETF by 1.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,629,287 shares of the company’s stock worth $59,192,000 after buying an additional 24,520 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in shares of Columbia EM Core ex-China ETF by 5.1% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 1,008,740 shares of the company’s stock worth $53,342,000 after buying an additional 48,898 shares during the period. LPL Financial LLC increased its stake in shares of Columbia EM Core ex-China ETF by 4.0% in the 4th quarter. LPL Financial LLC now owns 999,763 shares of the company’s stock valued at $38,351,000 after acquiring an additional 38,587 shares during the last quarter. Finally, Marotta Asset Management increased its stake in shares of Columbia EM Core ex-China ETF by 2.6% in the 4th quarter. Marotta Asset Management now owns 909,165 shares of the company’s stock valued at $34,876,000 after acquiring an additional 23,256 shares during the last quarter.

Columbia EM Core ex-China ETF Trading Down 2.4%

Shares of Columbia EM Core ex-China ETF stock traded down $1.17 during midday trading on Thursday, reaching $48.32. The company had a trading volume of 151,483 shares, compared to its average volume of 237,981. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 14.14 and a beta of 0.89. The stock has a fifty day simple moving average of $51.06 and a 200 day simple moving average of $45.56. Columbia EM Core ex-China ETF has a 1-year low of $33.76 and a 1-year high of $55.43.

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.