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

Columbia Select Technology ETF (NYSEARCA:SEMI) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 10,270 shares, a decrease of 58.1% from the July 30th total of 24,485 shares. Based on an average trading volume of 7,544 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.0% of the company’s shares are short sold.

Columbia Select Technology ETF Trading Up 2.4%

SEMI stock opened at $38.68 on Friday. Columbia Select Technology ETF has a 12 month low of $26.99 and a 12 month high of $41.03. The company has a 50-day moving average price of $38.19 and a 200 day moving average price of $35.24. The stock has a market cap of $38.68 million, a PE ratio of -7.33 and a beta of 1.53.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. bought a new position in shares of Columbia Select Technology ETF during the second quarter valued at approximately $34,000. Harbour Investments Inc. raised its holdings in shares of Columbia Select Technology ETF by 11.0% in 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 purchased a new stake in shares of Columbia Select Technology ETF in the fourth quarter worth approximately $208,000. Commonwealth Equity Services LLC lifted its stake in shares of Columbia Select Technology ETF by 13.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 8,447 shares of the company’s stock worth $259,000 after acquiring an additional 979 shares during the last quarter. Finally, Cetera Investment Advisers bought a new stake in shares of Columbia Select Technology ETF during the 4th quarter worth approximately $445,000. Hedge funds and other institutional investors own 62.97% of the company’s stock.

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.