Columbia Select Technology ETF (NYSEARCA:SEMI) Short Interest Down 51.9% in June

Columbia Select Technology ETF (NYSEARCA:SEMI) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 5,837 shares, a drop of 51.9% from the May 31st total of 12,141 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 8,814 shares, the days-to-cover ratio is currently 0.7 days.

Columbia Select Technology ETF Price Performance

Shares of NYSEARCA:SEMI traded down $1.33 during mid-day trading on Wednesday, hitting $39.25. The company had a trading volume of 8,786 shares, compared to its average volume of 14,119. The firm has a fifty day moving average price of $37.67 and a 200 day moving average price of $33.22. The company has a market capitalization of $47.10 million, a PE ratio of -7.43 and a beta of 1.53. Columbia Select Technology ETF has a one year low of $26.99 and a one year high of $41.03.

Institutional Investors Weigh In On Columbia Select Technology ETF

A number of large investors have recently bought and sold shares of SEMI. Cetera Investment Advisers raised its holdings in shares of Columbia Select Technology ETF by 336.5% during the first quarter. Cetera Investment Advisers now owns 63,474 shares of the company’s stock valued at $1,833,000 after purchasing an additional 48,933 shares during the period. Next Level Private LLC grew its stake in shares of 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 valued at $530,000 after buying an additional 1,200 shares during the period. Kestra Advisory Services LLC grew its stake in shares of Columbia Select Technology ETF by 10.1% in the 1st quarter. Kestra Advisory Services LLC now owns 13,662 shares of the company’s stock valued at $394,000 after buying an additional 1,253 shares during the period. Commonwealth Equity Services LLC increased its position in Columbia Select Technology ETF by 13.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 8,447 shares of the company’s stock valued at $259,000 after buying an additional 979 shares in the last quarter. Finally, Johnson Financial Group LLC bought a new stake in Columbia Select Technology ETF in the 4th quarter valued at about $208,000. 62.97% of the stock is currently owned by institutional investors and hedge funds.

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.