Columbia Select Technology ETF (NYSEARCA:SEMI) Stock Short Interest Report for October

Columbia Select Technology ETF (NYSEARCA:SEMI) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 5,151 shares, a decrease of 76.4% from the September 30th total of 21,812 shares. Based on an average daily trading volume, of 7,892 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.4% of the shares of the company are sold short.

Columbia Select Technology ETF Trading Down 1.6%

SEMI stock traded down $0.62 during trading hours on Thursday, hitting $37.61. 2,552 shares of the stock were exchanged, compared to its average volume of 11,875. The firm has a market capitalization of $45.13 million, a P/E ratio of -7.12 and a beta of 1.52. The company has a 50-day simple moving average of $38.63 and a two-hundred day simple moving average of $35.63. Columbia Select Technology ETF has a 12 month low of $27.41 and a 12 month high of $41.50.

Hedge Funds Weigh In On Columbia Select Technology ETF

Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC bought a new stake in Columbia Select Technology ETF in the 2nd quarter valued at about $239,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Columbia Select Technology ETF during the second quarter worth approximately $41,000. Cetera Investment Advisers increased 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 worth $1,833,000 after purchasing an additional 48,933 shares during the period. Kestra Advisory Services LLC raised its position in shares of Columbia Select Technology ETF by 10.1% in the first 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 in the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in shares of Columbia Select Technology ETF in the first quarter valued at approximately $36,000. 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.