Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Short Interest Update

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

Hedge Funds Weigh In On Columbia EM Core ex-China ETF

A number of large investors have recently modified their holdings of the company. Bank of America Corp DE grew its stake in shares of Columbia EM Core ex-China ETF by 10.2% in the first quarter. Bank of America Corp DE now owns 3,427,623 shares of the company’s stock worth $139,881,000 after acquiring an additional 318,012 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its stake in Columbia EM Core ex-China ETF by 5.1% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 1,008,740 shares of the company’s stock valued at $53,342,000 after purchasing an additional 48,898 shares in the last quarter. Planning Alternatives Ltd. ADV grew its position in shares of Columbia EM Core ex-China ETF by 18.7% during the 1st quarter. Planning Alternatives Ltd. ADV now owns 385,033 shares of the company’s stock valued at $15,713,000 after acquiring an additional 60,636 shares during the period. Sanctuary Advisors LLC grew its position in Columbia EM Core ex-China ETF by 750.5% in the first quarter. Sanctuary Advisors LLC now owns 254,590 shares of the company’s stock worth $10,390,000 after acquiring an additional 224,655 shares during the period. Finally, Royal Bank of Canada increased its position in shares of Columbia EM Core ex-China ETF by 494.3% in the 1st quarter. Royal Bank of Canada now owns 230,847 shares of the company’s stock valued at $9,421,000 after purchasing an additional 192,002 shares during the last quarter.

Columbia EM Core ex-China ETF Stock Performance

Shares of Columbia EM Core ex-China ETF stock traded up $1.06 on Thursday, reaching $51.42. The stock had a trading volume of 118,823 shares, compared to its average volume of 212,065. Columbia EM Core ex-China ETF has a fifty-two week low of $35.89 and a fifty-two week high of $55.43. The stock has a market cap of $2.07 billion, a P/E ratio of 14.14 and a beta of 0.91. The business’s 50-day moving average price is $49.86 and its two-hundred day moving average price is $48.13.

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.