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 July. As of July 15th, there was short interest totaling 9,547 shares, a decrease of 59.1% from the June 30th total of 23,336 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 9,455 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Investors Weigh In On Columbia Select Technology ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SEMI. JPMorgan Chase & Co. purchased a new position in Columbia Select Technology ETF during the second quarter valued at approximately $34,000. Ascentis Independent Advisors bought a new position in shares of Columbia Select Technology ETF in the first quarter worth approximately $36,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Columbia Select Technology ETF in the second quarter worth $41,000. Harbour Investments Inc. increased its stake 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 purchasing an additional 330 shares in the last quarter. Finally, Johnson Financial Group LLC bought a new stake in shares of Columbia Select Technology ETF during the 4th quarter valued at $208,000. 62.97% of the stock is owned by hedge funds and other institutional investors.

Columbia Select Technology ETF Price Performance

NYSEARCA SEMI opened at $36.76 on Monday. Columbia Select Technology ETF has a 52 week low of $26.99 and a 52 week high of $41.03. The company has a market capitalization of $36.76 million, a P/E ratio of -6.96 and a beta of 1.52. The stock’s 50-day moving average price is $38.51 and its 200-day moving average price is $34.12.

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.