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

Columbia Select Technology ETF (NYSEARCA:SEMI) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 13,537 shares, an increase of 161.5% from the April 15th total of 5,176 shares. Currently, 1.1% of the company’s shares are short sold. Based on an average daily trading volume, of 8,554 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Investors Weigh In On Columbia Select Technology ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. acquired a new position in Columbia Select Technology ETF in the second quarter valued at $34,000. Ascentis Independent Advisors acquired a new stake in shares of Columbia Select Technology ETF during the first quarter valued at about $36,000. Harbour Investments Inc. lifted its stake 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 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 worth $208,000. Finally, JFG Wealth Management LLC acquired a new position in shares of Columbia Select Technology ETF during the third quarter valued at $213,000. Hedge funds and other institutional investors own 62.97% of the company’s stock.

Columbia Select Technology ETF Stock Performance

Shares of SEMI opened at $38.18 on Friday. The company has a market capitalization of $45.82 million, a price-to-earnings ratio of -7.23 and a beta of 1.51. Columbia Select Technology ETF has a 1 year low of $24.52 and a 1 year high of $38.26. The company’s 50 day simple moving average is $32.15 and its 200 day simple moving average is $31.70.

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.