Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Sees Significant Increase in Short Interest

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 38,676 shares, an increase of 70.6% from the August 15th total of 22,664 shares. Based on an average daily trading volume, of 131,547 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Columbia EM Core ex-China ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. MCF Advisors LLC bought a new position in shares of Columbia EM Core ex-China ETF during the second quarter valued at $42,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Columbia EM Core ex-China ETF in the 2nd quarter valued at $243,000. NewEdge Advisors LLC grew its holdings in shares of Columbia EM Core ex-China ETF by 5.5% in the 2nd quarter. NewEdge Advisors LLC now owns 48,481 shares of the company’s stock worth $2,564,000 after purchasing an additional 2,545 shares during the last quarter. Waverly Advisors LLC bought a new stake in shares of Columbia EM Core ex-China ETF in the 2nd quarter worth about $236,000. Finally, Highland Financial Advisors LLC increased its position in shares of Columbia EM Core ex-China ETF by 8.2% during the 2nd quarter. Highland Financial Advisors LLC now owns 190,599 shares of the company’s stock worth $10,079,000 after purchasing an additional 14,433 shares in the last quarter.

Columbia EM Core ex-China ETF Trading Up 0.2%

XCEM stock traded up $0.10 during trading on Wednesday, reaching $50.36. 116,576 shares of the stock were exchanged, compared to its average volume of 212,615. Columbia EM Core ex-China ETF has a twelve month low of $35.89 and a twelve month high of $55.43. The company has a market capitalization of $2.03 billion, a P/E ratio of 14.14 and a beta of 0.91. The stock has a 50 day simple moving average of $49.85 and a 200-day simple moving average of $48.10.

About Columbia EM Core ex-China ETF

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.