Columbia Select Technology ETF (NYSEARCA:SEMI) Short Interest Up 103.3% in August

Columbia Select Technology ETF (NYSEARCA:SEMI) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 20,884 shares, a growth of 103.3% from the August 15th total of 10,270 shares. Approximately 2.1% of the shares of the stock are sold short. Based on an average daily volume of 10,056 shares, the short-interest ratio is currently 2.1 days.

Hedge Funds Weigh In On Columbia Select Technology ETF

Large investors have recently made changes to their positions in the business. Harbour Investments Inc. grew 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 valued at $102,000 after acquiring an additional 330 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Columbia Select Technology ETF in the 2nd quarter worth $41,000. Next Level Private LLC lifted its stake in Columbia Select Technology ETF by 7.0% in the 1st quarter. Next Level Private LLC now owns 18,365 shares of the company’s stock worth $530,000 after purchasing an additional 1,200 shares in the last quarter. Ascentis Independent Advisors bought a new position in shares of Columbia Select Technology ETF during the 1st quarter valued at about $36,000. Finally, Kestra Advisory Services LLC boosted its holdings in shares of Columbia Select Technology ETF by 10.1% during the 1st quarter. Kestra Advisory Services LLC now owns 13,662 shares of the company’s stock valued at $394,000 after purchasing an additional 1,253 shares during the last quarter. 62.97% of the stock is currently owned by hedge funds and other institutional investors.

Columbia Select Technology ETF Trading Down 2.3%

Shares of SEMI traded down $0.86 during trading hours on Monday, reaching $37.32. 6,890 shares of the stock traded hands, compared to its average volume of 12,550. The company has a market cap of $37.32 million, a P/E ratio of -7.07 and a beta of 1.53. The company’s 50-day moving average price is $37.96 and its two-hundred day moving average price is $35.81. Columbia Select Technology ETF has a 52-week low of $27.41 and a 52-week high of $41.03.

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.