Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Shares Shorted: Short Interest Up 109.9% in September

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 81,189 shares, a growth of 109.9% from the August 31st total of 38,676 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 94,154 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of Columbia EM Core ex-China ETF

Several hedge funds have recently bought and sold shares of XCEM. Pacific Sage Partners LLC raised its position in Columbia EM Core ex-China ETF by 2.8% in the first quarter. Pacific Sage Partners LLC now owns 12,836 shares of the company’s stock worth $524,000 after acquiring an additional 345 shares in the last quarter. Western Wealth Management LLC grew its stake in shares of Columbia EM Core ex-China ETF by 1.8% in the 1st quarter. Western Wealth Management LLC now owns 22,126 shares of the company’s stock worth $903,000 after purchasing an additional 383 shares during the last quarter. Redwood Financial Network Corp raised its holdings in shares of Columbia EM Core ex-China ETF by 2.2% in the 4th quarter. Redwood Financial Network Corp now owns 26,075 shares of the company’s stock worth $1,000,000 after purchasing an additional 552 shares in the last quarter. Nicholas Hoffman & Company LLC. raised its holdings in shares of Columbia EM Core ex-China ETF by 2.1% in the 1st quarter. Nicholas Hoffman & Company LLC. now owns 35,154 shares of the company’s stock worth $1,435,000 after purchasing an additional 719 shares in the last quarter. Finally, MCF Advisors LLC acquired a new stake in Columbia EM Core ex-China ETF during the second quarter valued at approximately $42,000.

Columbia EM Core ex-China ETF Stock Performance

NYSEARCA XCEM opened at $52.02 on Wednesday. The firm has a market capitalization of $2.12 billion, a PE ratio of 14.14 and a beta of 0.91. Columbia EM Core ex-China ETF has a one year low of $36.03 and a one year high of $55.43. The company has a 50-day simple moving average of $50.37 and a 200-day simple moving average of $48.71.

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.